Crude prices: India’s crude oil imports from Russia hit 12-month low but long-term appetite remains intact

Crude prices: India’s crude oil imports from Russia hit 12-month low but long-term appetite remains intact

India’s crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation’s insatiable appetite for Russian crude remains for the long term, according...

India keeps edible oil import duty lower until March 2025, imposes 50% export tax on molasses

India keeps edible oil import duty lower until March 2025, imposes 50% export tax on molasses

The Indian government on Tuesday extended lower import duty on edible oil by a year, till March 2025. The lower import duty structure on crude palm oil, crude sunflower oil, and crude soy oil was orig...

Oil prices hit $80 a barrel as fears grow over Red Sea disruption to trade | Oil

Oil prices hit $80 a barrel as fears grow over Red Sea disruption to trade | Oil

Oil prices have hit $80 (£62.83) as fears grew about the economic impact of disruption to international trade through the Red Sea and escalating tensions in the Middle East.Raising concerns about a po...

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