India Oil Imports
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India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply.
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Will Fuel, LPG Prices Rise Again? Experts Flag Risks As Iran War Escalates
While crude oil supplies appear relatively better insulated, industries dependent on LPG remain vulnerable if disruptions worsen.
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Earthquakes Hit Venezuela, But Tremors Could Be Felt 14,000 km Away In India
Power outages, damaged transport links and emergency restrictions at ports in Venezuela can slow cargo movements for days or even weeks.
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US Lifts Iran Oil Sanctions: Why India Could Be The Big Winner
The US Treasury has issued a temporary general licence allowing transactions involving Iranian crude oil, petroleum products and petrochemicals.
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Hardeep Puri Explains How India Is Rewriting Its Energy Map As Wars Rage On
Before November 2022, Russia accounted for just 0.2 per cent of India's crude imports. Today, Puri confirmed, India is buying approximately 2.5 million barrels per day from Russia, a 12-fold increase.
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US Waiver On Russian Oil Ends: Will India Raise Fuel Prices Again?
Fuel Price Hike: India imports more than 85 per cent of its crude oil needs. Any sustained increase in oil prices directly hits inflation.
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India Loses $18.3 Billion On Edible Oil Imports. Why Don't We Produce It?
India imports 15-16 million tonnes ofedible oil annually because farmers see oilseeds as "risky" crops.
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Petrol, Diesel Prices To Remain Stable Despite Iran War Risks: Government Sources
Petrol and diesel prices in India will remain stable for now despite global concerns over the Iran-US conflict.
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India To Be New Epicentre Of Oil Demand Growth Over Next Decade: Energy Body
India, the world's third-largest oil-importing and -consuming nation, will be the new epicentre of oil demand growth over the next decade, the International Energy Agency (IEA) said on Wednesday.
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Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
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Trump Threatens More Tariffs On Russian Oil, How Will It Impact India's Supply
US President Donald Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict soon.
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India's Oil Import Bill Could Reach USD 101-104 Billion In 2024-25: Report
India's net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said today.
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Russian Oil Shaves India's Import Costs By About $2.7 Billion: Report
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data.
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Gulf Nations Will Remain India's Major Oil Suppliers For "A Long Time": Minister
India, the world's third-biggest oil importer and consumer, has diversified its sources of energy imports but will continue to buy most of its oil from the Middle East for a long time, the South Asian country's oil minister said on Wednesday.
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Russia India's Top Oil Supplier For 2nd Month In A Row
Russia has for the second month in a row remained India's top oil supplier in November, surpassing traditional sellers Iraq and Saudi Arabia, according to data from energy cargo tracker Vortexa.
-
India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply.
-
Will Fuel, LPG Prices Rise Again? Experts Flag Risks As Iran War Escalates
While crude oil supplies appear relatively better insulated, industries dependent on LPG remain vulnerable if disruptions worsen.
-
Earthquakes Hit Venezuela, But Tremors Could Be Felt 14,000 km Away In India
Power outages, damaged transport links and emergency restrictions at ports in Venezuela can slow cargo movements for days or even weeks.
-
US Lifts Iran Oil Sanctions: Why India Could Be The Big Winner
The US Treasury has issued a temporary general licence allowing transactions involving Iranian crude oil, petroleum products and petrochemicals.
-
Hardeep Puri Explains How India Is Rewriting Its Energy Map As Wars Rage On
Before November 2022, Russia accounted for just 0.2 per cent of India's crude imports. Today, Puri confirmed, India is buying approximately 2.5 million barrels per day from Russia, a 12-fold increase.
-
US Waiver On Russian Oil Ends: Will India Raise Fuel Prices Again?
Fuel Price Hike: India imports more than 85 per cent of its crude oil needs. Any sustained increase in oil prices directly hits inflation.
-
India Loses $18.3 Billion On Edible Oil Imports. Why Don't We Produce It?
India imports 15-16 million tonnes ofedible oil annually because farmers see oilseeds as "risky" crops.
-
Petrol, Diesel Prices To Remain Stable Despite Iran War Risks: Government Sources
Petrol and diesel prices in India will remain stable for now despite global concerns over the Iran-US conflict.
-
India To Be New Epicentre Of Oil Demand Growth Over Next Decade: Energy Body
India, the world's third-largest oil-importing and -consuming nation, will be the new epicentre of oil demand growth over the next decade, the International Energy Agency (IEA) said on Wednesday.
-
Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
-
Trump Threatens More Tariffs On Russian Oil, How Will It Impact India's Supply
US President Donald Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict soon.
-
India's Oil Import Bill Could Reach USD 101-104 Billion In 2024-25: Report
India's net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said today.
-
Russian Oil Shaves India's Import Costs By About $2.7 Billion: Report
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data.
-
Gulf Nations Will Remain India's Major Oil Suppliers For "A Long Time": Minister
India, the world's third-biggest oil importer and consumer, has diversified its sources of energy imports but will continue to buy most of its oil from the Middle East for a long time, the South Asian country's oil minister said on Wednesday.
-
Russia India's Top Oil Supplier For 2nd Month In A Row
Russia has for the second month in a row remained India's top oil supplier in November, surpassing traditional sellers Iraq and Saudi Arabia, according to data from energy cargo tracker Vortexa.
