India S Biggest Refiner

India's oil imports in May totalled 4.98 million bpd, the highest since December 2020, as state refiners raised output to meet growing local demand.

Russia has become India's second biggest supplier of oil, pushing Saudi Arabia into third place but still behind Iraq which remains number one

Reliance Industries Ltd, operator of the world's biggest refining complex, may avoid buying Russian fuels for its plants

India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.

India's Reliance Industries Ltd, operator of the world's biggest refining complex, may avoid buying Russian fuels for its plants following Western sanctions on Moscow over its invasion of Ukraine, a senior company official said.

As India gets battered by Covid-19, keeping many away from their workplaces, one segment of its energy market is flourishing by cutting out labor-intensive tasks at some of the world's biggest refining complexes.

The country's biggest refiner, Indian Oil Corp has reduced crude processing to average at 84% of overall capacity from 96% in April.

The country's biggest refiner, Indian Oil Corp has reduced crude processing to average at 84 per cent of overall capacity from 96 per cent in April.

An official at IOC, India's biggest oil refiner, said the cuts in runs at its refineries were "marginal" but analysts and industry officials say there could deeper reductions in output from the country's refineries in coming days."

Indian Oil Corp, the country's top refiner, expects local demand for petrol and gasoil to reach pre-pandemic levels in the first half of next fiscal year beginning April 2021, Chairman SM Vaidya said on Monday. India, the world's third-biggest oil importer and consumer, has experienced a sharp decline in its fuel demand, mirroring a global trend fo...

India's oil imports fell in June, hitting their lowest since October 2011, as refiners curbed purchases due to maintenance turnarounds and weaker fuel demand, data from industry sources showed. India, the world's third biggest oil consumer and importer, received 3.2 million barrels per day (bpd) oil in June, a decline of 0.4% from May and about 28....

Thousands of tonnes of refined palm oil are delayed or stuck at various Indian ports after the world's biggest edible oil buyer placed restrictions on imports amid a diplomatic row with key supplier Malaysia, multiple sources told Reuters.

India has repeatedly objected to Malaysian Prime Minister Mahathir Mohamad speaking out against its recent policies which critics say discriminate against Muslims. Malaysia, a Muslim-majority nation, is the second biggest producer and exporter of palm oil and India's restrictions on the refined variety of the commodity imposed last week have been s...

"Demand is modest from jewellers, but there is ample supply from refiners that are aggressively selling in the market," said Harshad Ajmera, a gold wholesaler in Kolkata. India's gold imports in November jumped 78% from a month earlier to the highest level in five months as jewellers in the world's second biggest market for the metal restocked afte...

An Indian state-owned refiner has swooped in to buy American oil that was en route to China but due to arrive after new tariffs kicked in.

India's oil imports in May totalled 4.98 million bpd, the highest since December 2020, as state refiners raised output to meet growing local demand.

Russia has become India's second biggest supplier of oil, pushing Saudi Arabia into third place but still behind Iraq which remains number one

Reliance Industries Ltd, operator of the world's biggest refining complex, may avoid buying Russian fuels for its plants

India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.

India's Reliance Industries Ltd, operator of the world's biggest refining complex, may avoid buying Russian fuels for its plants following Western sanctions on Moscow over its invasion of Ukraine, a senior company official said.

As India gets battered by Covid-19, keeping many away from their workplaces, one segment of its energy market is flourishing by cutting out labor-intensive tasks at some of the world's biggest refining complexes.

The country's biggest refiner, Indian Oil Corp has reduced crude processing to average at 84% of overall capacity from 96% in April.

The country's biggest refiner, Indian Oil Corp has reduced crude processing to average at 84 per cent of overall capacity from 96 per cent in April.

An official at IOC, India's biggest oil refiner, said the cuts in runs at its refineries were "marginal" but analysts and industry officials say there could deeper reductions in output from the country's refineries in coming days."

Indian Oil Corp, the country's top refiner, expects local demand for petrol and gasoil to reach pre-pandemic levels in the first half of next fiscal year beginning April 2021, Chairman SM Vaidya said on Monday. India, the world's third-biggest oil importer and consumer, has experienced a sharp decline in its fuel demand, mirroring a global trend fo...

India's oil imports fell in June, hitting their lowest since October 2011, as refiners curbed purchases due to maintenance turnarounds and weaker fuel demand, data from industry sources showed. India, the world's third biggest oil consumer and importer, received 3.2 million barrels per day (bpd) oil in June, a decline of 0.4% from May and about 28....

Thousands of tonnes of refined palm oil are delayed or stuck at various Indian ports after the world's biggest edible oil buyer placed restrictions on imports amid a diplomatic row with key supplier Malaysia, multiple sources told Reuters.

India has repeatedly objected to Malaysian Prime Minister Mahathir Mohamad speaking out against its recent policies which critics say discriminate against Muslims. Malaysia, a Muslim-majority nation, is the second biggest producer and exporter of palm oil and India's restrictions on the refined variety of the commodity imposed last week have been s...

"Demand is modest from jewellers, but there is ample supply from refiners that are aggressively selling in the market," said Harshad Ajmera, a gold wholesaler in Kolkata. India's gold imports in November jumped 78% from a month earlier to the highest level in five months as jewellers in the world's second biggest market for the metal restocked afte...

An Indian state-owned refiner has swooped in to buy American oil that was en route to China but due to arrive after new tariffs kicked in.