NEW DELHI, April 22 (Reuters) - The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on cheaper oil from Russia, the top oil supplier ...

MUMBAI, April 23 (Reuters) - India has started raising palm oil purchases after a lull of five months as a correction in prices has made the tropical oil cheaper than rival soyoil, encouraging ...

Ms Belvinder Sron is the Chief Executive Officer of the Malaysian Palm Oil Council. India is on the brink of a palm oil revolution, with NMEO-OP driving its transformation from an import-dependent ...

India imported 289,000 barrels per day of US crude in March. US President Donald Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine ...

Crude palm oil (CPO) is currently being offered at about USD 1,050 a ton, including cost, insurance and freight (CIF), in India for May delivery, compared to around USD 1,100 for crude soyoil ...

Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) shares – the state-run Oil Marketing Companies (OMC) – have received ...

The cost of shipping Russian crude from its ports in the Baltic Sea to India has dropped this month ... month could hit Russia’s economy. The oil market meltdown could pose risks to the Russian ...

In its annual report for FY24, the company said that Oil India is intensifying its exploration efforts to supplement its existing domestic reserves portfolio by consolidating its position as a ...

NEW DELHI (Reuters) - The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on cheaper oil from Russia, the top oil supplier to New Delhi ...

India’s crude oil imports from its largest supplier Russia is expected to surpass 2 million barrels per day (mb/d) in the current month—the highest since May 2023. The development also ...

Russian oil shipments to India are heading for the highest level in two years this month as flows rebound following disruptions caused by US sanctions on Moscow’s energy industry. India’s ...

Chevron, BP and other oil companies are offshoring more specialized white-collar positions and related work to lower-cost labor pools in countries such as India, while cutting thousands of jobs ...