Crude Oil Imports
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India's US Crude Imports On Track For 20-Month Low As Refiners Pivot To Russian Supplies
Russian crude gains favour as Indian refiners seek heavier grades amid higher shipping costs and geopolitical disruptions.
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War Toll: India's Crude Import Bill Shoots 61% In April-June Despite Slip In Volume
Higher global oil prices amid the West Asia conflict push crude and LNG import costs higher even as import volumes decline.
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Russia Turns To India For Fuel Amid Shortages: Report
Gasoline consumption in Russia is at least 110,000 tons per day in summer, when demand for fuel is high.
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India's Oil Import Cost Falls Below $70, But Fuel Prices May Not Drop. Why?
The latest decline is expected to reduce the country's oil import bill and improve macroeconomic indicators, including inflation and trade balance.
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Tanker Traffic Shows India's Russian Crude Imports Set To Break Historical Records: Expert
Energy expert Anas Alhajji points to an unprecedented rise in Russian crude tankers arriving at Indian ports as refiners ramp up purchases.
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Russian Oil Imports Hit Two-Year High As India's Post-Hormuz Strategy Takes Shape
Venezuelan and Kazakhstani supplies also rise sharply as India reworks sourcing strategy.
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'Perfect Complementarity': Govt Hints At Major Bump In Oil Imports From Venezuela
MEA said Venezuela sees India as a long-term energy partner, with both sides exploring deeper cooperation across the oil sector amid growing economic engagement.
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Will Continue To Buy Cheap, Best Quality Oil: Centre To Parliamentary Panel
The government on informed a parliamentary panel that India will continue to import crude oil from the countries where it is cheap and of the best quality, and the Indian oil companies will purchase oil, considering the geopolitical situation.
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Open To Importing Venezuelan Crude Oil Based On Commercial Viability: India
India on Thursday said that it continues to keep its options open for sourcing crude oil from Venezuela and other regions, depending on commercial viability, amidst claims by the United States that it has stopped buying Russian oil.
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India's Crude Oil Imports Dropped To Near 18-Month Low In July: Report
India's crude oil imports fell 8.7% in July to 18.56 million metric tons month-on-month, the lowest level since February 2024, government data showed on Monday.
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Iran-Israel War: India Ramps Up Oil Imports From Russia, US In June
Iran-Israel War: India ramps up oil imports from Russia, US in June
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Oil Rises A Second Day After US Cracks Down On Iranian Supply
Brent for June settlement rose 0.7% to $66.30 a barrel at 10:15 a.m. in London.
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Indian Oil Finalises Deal To Import Crude Oil From Russia
The Indian Oil Corporation Limited (IOCL) has finally contracted a deal with a Russian Oil company to import 3-million barrels of crude oil, according to NDTV sources.
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Oil Refiners' Crude Oil Production In June Subdued Due To COVID Curbs
Crude oil imports also fell to a nine-month low in June as refiners curtailed purchases amid higher fuel inventories due to low consumption and renewed lockdowns in the previous two months
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Which Countries Are Still Buying Russian Oil?
There is a raging debate on whether India shouldbuy Russian oil or not, after Western sanctions, including the US' oil embargo ban, on Moscowin retaliation to its invasion of Ukraine, which is the most significant attack on a European state since World War Two. Let's look at which countries are still buying Russian crude oil.
-
India's US Crude Imports On Track For 20-Month Low As Refiners Pivot To Russian Supplies
Russian crude gains favour as Indian refiners seek heavier grades amid higher shipping costs and geopolitical disruptions.
-
War Toll: India's Crude Import Bill Shoots 61% In April-June Despite Slip In Volume
Higher global oil prices amid the West Asia conflict push crude and LNG import costs higher even as import volumes decline.
-
Russia Turns To India For Fuel Amid Shortages: Report
Gasoline consumption in Russia is at least 110,000 tons per day in summer, when demand for fuel is high.
-
India's Oil Import Cost Falls Below $70, But Fuel Prices May Not Drop. Why?
The latest decline is expected to reduce the country's oil import bill and improve macroeconomic indicators, including inflation and trade balance.
-
Tanker Traffic Shows India's Russian Crude Imports Set To Break Historical Records: Expert
Energy expert Anas Alhajji points to an unprecedented rise in Russian crude tankers arriving at Indian ports as refiners ramp up purchases.
-
Russian Oil Imports Hit Two-Year High As India's Post-Hormuz Strategy Takes Shape
Venezuelan and Kazakhstani supplies also rise sharply as India reworks sourcing strategy.
-
'Perfect Complementarity': Govt Hints At Major Bump In Oil Imports From Venezuela
MEA said Venezuela sees India as a long-term energy partner, with both sides exploring deeper cooperation across the oil sector amid growing economic engagement.
-
Will Continue To Buy Cheap, Best Quality Oil: Centre To Parliamentary Panel
The government on informed a parliamentary panel that India will continue to import crude oil from the countries where it is cheap and of the best quality, and the Indian oil companies will purchase oil, considering the geopolitical situation.
-
Open To Importing Venezuelan Crude Oil Based On Commercial Viability: India
India on Thursday said that it continues to keep its options open for sourcing crude oil from Venezuela and other regions, depending on commercial viability, amidst claims by the United States that it has stopped buying Russian oil.
-
India's Crude Oil Imports Dropped To Near 18-Month Low In July: Report
India's crude oil imports fell 8.7% in July to 18.56 million metric tons month-on-month, the lowest level since February 2024, government data showed on Monday.
-
Iran-Israel War: India Ramps Up Oil Imports From Russia, US In June
Iran-Israel War: India ramps up oil imports from Russia, US in June
-
Oil Rises A Second Day After US Cracks Down On Iranian Supply
Brent for June settlement rose 0.7% to $66.30 a barrel at 10:15 a.m. in London.
-
Indian Oil Finalises Deal To Import Crude Oil From Russia
The Indian Oil Corporation Limited (IOCL) has finally contracted a deal with a Russian Oil company to import 3-million barrels of crude oil, according to NDTV sources.
-
Oil Refiners' Crude Oil Production In June Subdued Due To COVID Curbs
Crude oil imports also fell to a nine-month low in June as refiners curtailed purchases amid higher fuel inventories due to low consumption and renewed lockdowns in the previous two months
-
Which Countries Are Still Buying Russian Oil?
There is a raging debate on whether India shouldbuy Russian oil or not, after Western sanctions, including the US' oil embargo ban, on Moscowin retaliation to its invasion of Ukraine, which is the most significant attack on a European state since World War Two. Let's look at which countries are still buying Russian crude oil.
