Oil Imports In September Fall To Lowest Level In Over 3 Years
Business | Reuters | Tuesday October 22, 2019
The fall in oil imports limited India's fiscal deficit for September, but it also potentially points to a general economic and industrial slowdown.
India Not Buying Oil From Iran After US Waivers Expired: Envoy
India News | Press Trust of India | Friday May 24, 2019
India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month, New Delhi's envoy in Washington has said, becoming the latest country to comply with the US sanctions on Tehran over its nuclear programme.
India Monitoring Costs Of Importing Non-Iranian Oil: Report
Business | Indo-Asian News Service | Wednesday May 8, 2019
Oil imports from Iran in the past fiscal ended March amounted to about $9 billion, as per industry figures.
US Can't Ensure Cheaper Oil Supplies To India, Says Trade Secretary
India News | Agencies | Tuesday May 7, 2019
The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said on Monday.
India Delays May Order For Iran Oil, Awaits Clarity On Sanctions Waiver: Report
Business | Thomson Reuters | Tuesday April 9, 2019
India hopes to get clarity in seven to 10 days on any extension of the waiver, as well as the amount of oil that could be purchased if an extension is given, the sources said.
Venezuelan Oil Finds Home In India As US Turns Away Shipments
World News | Lucia Kassai, Bloomberg | Monday February 18, 2019
India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation.
Oil Imports From Iran Plunged 45% In January: Report
Business | Thomson Reuters | Friday February 15, 2019
January imports from Iran were 10.4 per cent lower than December, the tanker arrival data showed.
Iran Moves Two Positions Lower Among Top Oil Suppliers To India
Business | Thomson Reuters | Thursday December 13, 2018
Imports from Iran in November, included some parcels that were loaded in October. In November, Iraq and Saudi Arabia continued to be the top two oil sellers to India.
Saudi Arabia Offers To Supply Oil To India On Sidelines Of G20 Summit
India News | Press Trust of India | Friday November 30, 2018
Saudi Arabia has offered to supply India with oil and petroleum products it needs to meet its growing energy demands during a meeting between Prince Mohammed bin Salman bin Abdulaziz and Prime Minister Narendra Modi, official Saudi media reported on Friday.
Will "Take Care" Of Countries That Don't Stop Importing Iran Oil: Trump
World News | Press Trust of India | Thursday October 11, 2018
The US "will take care" of countries which defy its directive to stop importing oil from Iran by November 4, President Donald Trump has warned, days after India announced that two of its firms have placed orders to import crude from the Gulf natio.
India Will Continue To Buy Iran's Oil: Iranian Foreign Minister
India News | Reuters | Thursday September 27, 2018
India is committed to buying Iranian oil and continuing the two nations' economic cooperation, the Iranian foreign minister said after a meeting with his Indian counterpart and ahead of US sanctions aimed at halting Tehran's oil exports.
India's Iran Oil Purchases To Fade Ahead Of US Sanctions: Report
India News | Reuters | Friday September 14, 2018
Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as the government works to win waivers on the oil export sanctions Washington plans to reimpose on Tehran in November. India's loadings from Iran for this month and next will drop to less than 12 million barrels each, afte...
Iraq Replaces Saudi Arabia As India's Top Oil Supplier In August
India News | Reuters | Tuesday September 11, 2018
Iraq replaced Saudi Arabia in August as the top oil supplier to India, data from industry and shipping sources showed, as refiners turned to Iraqi barrels to compensate for a lower intake of Iranian oil ahead of US sanctions in November.
India To Triple Ethanol Output, Save 12,000 Crore In Oil Imports: PM Modi
India News | Press Trust of India | Friday August 10, 2018
Prime Minister Narendra Modi today blamed previous governments for not taking the ethanol blending programme seriously and said now its production will triple to 450 crore litres in the next four years, leading to import savings of Rs 12,000 crore.
Government Raises Import Tax On Edible Oil To Highest In A Decade
Business | Thomson Reuters | Saturday November 18, 2017
Indian oilseed crushers were struggling to compete with cheap imports from Indonesia, Malaysia, Brazil and Argentina.
Oil Imports In September Fall To Lowest Level In Over 3 Years
Business | Reuters | Tuesday October 22, 2019
The fall in oil imports limited India's fiscal deficit for September, but it also potentially points to a general economic and industrial slowdown.
India Not Buying Oil From Iran After US Waivers Expired: Envoy
India News | Press Trust of India | Friday May 24, 2019
India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month, New Delhi's envoy in Washington has said, becoming the latest country to comply with the US sanctions on Tehran over its nuclear programme.
India Monitoring Costs Of Importing Non-Iranian Oil: Report
Business | Indo-Asian News Service | Wednesday May 8, 2019
Oil imports from Iran in the past fiscal ended March amounted to about $9 billion, as per industry figures.
US Can't Ensure Cheaper Oil Supplies To India, Says Trade Secretary
India News | Agencies | Tuesday May 7, 2019
The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said on Monday.
India Delays May Order For Iran Oil, Awaits Clarity On Sanctions Waiver: Report
Business | Thomson Reuters | Tuesday April 9, 2019
India hopes to get clarity in seven to 10 days on any extension of the waiver, as well as the amount of oil that could be purchased if an extension is given, the sources said.
Venezuelan Oil Finds Home In India As US Turns Away Shipments
World News | Lucia Kassai, Bloomberg | Monday February 18, 2019
India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation.
Oil Imports From Iran Plunged 45% In January: Report
Business | Thomson Reuters | Friday February 15, 2019
January imports from Iran were 10.4 per cent lower than December, the tanker arrival data showed.
Iran Moves Two Positions Lower Among Top Oil Suppliers To India
Business | Thomson Reuters | Thursday December 13, 2018
Imports from Iran in November, included some parcels that were loaded in October. In November, Iraq and Saudi Arabia continued to be the top two oil sellers to India.
Saudi Arabia Offers To Supply Oil To India On Sidelines Of G20 Summit
India News | Press Trust of India | Friday November 30, 2018
Saudi Arabia has offered to supply India with oil and petroleum products it needs to meet its growing energy demands during a meeting between Prince Mohammed bin Salman bin Abdulaziz and Prime Minister Narendra Modi, official Saudi media reported on Friday.
Will "Take Care" Of Countries That Don't Stop Importing Iran Oil: Trump
World News | Press Trust of India | Thursday October 11, 2018
The US "will take care" of countries which defy its directive to stop importing oil from Iran by November 4, President Donald Trump has warned, days after India announced that two of its firms have placed orders to import crude from the Gulf natio.
India Will Continue To Buy Iran's Oil: Iranian Foreign Minister
India News | Reuters | Thursday September 27, 2018
India is committed to buying Iranian oil and continuing the two nations' economic cooperation, the Iranian foreign minister said after a meeting with his Indian counterpart and ahead of US sanctions aimed at halting Tehran's oil exports.
India's Iran Oil Purchases To Fade Ahead Of US Sanctions: Report
India News | Reuters | Friday September 14, 2018
Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as the government works to win waivers on the oil export sanctions Washington plans to reimpose on Tehran in November. India's loadings from Iran for this month and next will drop to less than 12 million barrels each, afte...
Iraq Replaces Saudi Arabia As India's Top Oil Supplier In August
India News | Reuters | Tuesday September 11, 2018
Iraq replaced Saudi Arabia in August as the top oil supplier to India, data from industry and shipping sources showed, as refiners turned to Iraqi barrels to compensate for a lower intake of Iranian oil ahead of US sanctions in November.
India To Triple Ethanol Output, Save 12,000 Crore In Oil Imports: PM Modi
India News | Press Trust of India | Friday August 10, 2018
Prime Minister Narendra Modi today blamed previous governments for not taking the ethanol blending programme seriously and said now its production will triple to 450 crore litres in the next four years, leading to import savings of Rs 12,000 crore.
Government Raises Import Tax On Edible Oil To Highest In A Decade
Business | Thomson Reuters | Saturday November 18, 2017
Indian oilseed crushers were struggling to compete with cheap imports from Indonesia, Malaysia, Brazil and Argentina.
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