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Crude Oil - Edible oil import jumps 63 pc in September to record 16.98 lakh tonnes on record palm oil shipment: SEA
India lifted restrictions on imports of refined palm oil and lowered base import taxes on palm oil, soyoil and sunflower oil in recent months as New Delhi tries to cool near-record price rises.
'At some point, we must stop': Indonesia plans to end all crude palm oil exports
The world’s biggest producer of crude palm oil, Indonesia has announced plans to comletely stop exporting the raw commodity of palm oil to the world.
Crude oil futures dip on weak spot demand
Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid a weak spot demand. Globally, West Texas Intermediate crude oil was trading 0.16 per cent lower at ...
Indonesia Plans to Stop All Crude Palm Oil Exports Eventually
Indonesia, the world’s biggest producer of crude palm oil, plans to stop exporting the raw commodity eventually, shipping refined products instead.
WTI crude oil climbs to $80 a barrel
For the first time in 7 years, West Texas Intermediate crude oil topped $80 a barrel. This news comes after promising numbers for seen over this past weekend. Experts say the cause for the bump traces ...