Duty reduction on crude edible oils beneficial for all: CareEdge

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible...

Lower Brent prices to support margins for Indian refiners: Fitch

Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains...

Profit of oil companies will decrease in FY25 as margin drops

The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of...

India again slashes windfall tax on petroleum crude

India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in...

Refined sunflower oil volume may dip by 8-10%

Indian refined sunflower oil volumes are projected to witness a decline of 8-10 per cent in FY25 amid decline in...

South Korea extends fuel tax cuts

According to S&P Global Commodity Insights, however, industry insiders suggest that this move may not...

South Korean refiners optimistic about refining margins

According to S&P Global Commodity Insights, despite Saudi Arabia's commitment to production cuts in the first...

Indian refiners prioritize petrochemicals expansion

According to S&P Global Commodity Insights (GCI), entities including BPCL, ONGC, HPCL, Reliance Industries, and...

Asian refiners craft contingency plans amid Red Sea crisis

While immediate impacts on near-term oil supplies appear limited, the situation has refiners contemplating...

German rail strikes disrupt oil product supply

According to S&P Global Commodity Insights, the strikes have complicated the delivery of oil products, leading...

Malabar Gold & Diamonds Procures Traceable 'RandPure' Gold

Mumbai (Maharashtra) [India], December 19: Malabar Gold & Diamonds, a leading jewellery retailer, partners with...

Digant Sharma has done Sole-tie-up with renowned Russian Refinery

New Delhi [India], February 20 (ANI/SRV): Francture Brands Pvt Ltd has recently done a sole tie-up for India...