Crude oil prices moved lower today after the U.S. Energy Information Administration reported an inventory increase of 5.8 million barrels for the week to October 4. The change in inventory levels ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Adani Wilmar, popularly known for selling the 'Fortune' cooking oil brand, said volumes for its food and edible oil segments rose 31% and 15% in the September quarter, respectively. 2 Min Read ...

The edible oil business maintained its strong momentum with double-digit YoY volume growth driven by strong performance in Soyabean, Sunflower and Mustard oils, added Adani Wilmar. "The Food ...

India has approved a 101 billion rupee ($1.2 billion) initiative to double edible oil production within seven years, aiming to reduce reliance on imports. The program will boost oilseed productivity ...

India is dependent on imports to meet 58 per cent of its edible oil requirements. The NMEO-Oilseeds proposal was approved by the Union Cabinet, which met under Prime Minister Narendra Modi. Union ...

Stating that over 60 per cent of edible oil requirement is now met through imports, he said it is a cause of deep concern to the government due to large outflow of foreign exchange as well as on ...

India imports more than 50 per cent of its annual edible oil requirement. "The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the National Mission on Edible Oils-Oilseeds ...

The Union Cabinet has approved the National Mission on Edible Oils-Oilseeds to boost domestic oilseed production to 69.7 million tonnes by 2030-31. With a budget of Rs 10,103 crore, the mission ...