No need to panic about oil prices: Dharmendra Pradhan on US-Iran tensions – India is heavily dependent on imports to meet its oil needs and any spike in prices of crude oil in the international market.
Soya oil price in Madhya Pradesh-based Benchmark Mandi.
so increasing domestic production of oil and oilseeds is the need.
It was earlier reported that the Indian government had informally instructed traders to stay away from Malaysian palm oil.
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The crude oil benchmark (Brent) rose above $70 a barrel on Monday amid escalating military tensions between Iran and the US.
Reuters reported on Monday the Indian government had informally instructed traders to stay away from Malaysian palm oil.
Uncle Sam(aritan) Currently, stability of oil prices is in Trump’s political and strategic interest. It reassures other big.
LONDON, Jan 14 (Reuters) – Long-term expectations about oil prices remain firmly anchored around $65-70 per barrel, according to the latest annual survey of energy professionals conducted by Reuters.
In the last one year, the crude oil markets went through a very unusual period. Just think of the following. Beginning of.