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Latest Articles in oil imports

India Needs To Reduce Oil Imports: Nitin Gadkari

Speaking at an event, Gadkari regretted that some countries are also using proceeds from the sale of petrol and diesel to finance terrorism. "Green hydrogen is better than petrol and diesel. The transport sector is witnessing a big change.

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Gadkari Bats For Green Hydrogen; Says India Needs To Reduce Oil Imports

Gadkari said it is unfortunate that India has to import aluminium and copper even though the country has an abundance of these metals.

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Indian Refiners Willing To Join Forces For Cheaper Oil Imports

"The outcome of the meeting between private and state-run (refiners on a joint oil procurement plan) was very encouraging," Puri said in a news conference at the India Energy Forum industry event.

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Oil Imports Rose To 4-month High In August

Oil imports last month rose about 23% from July and about 6.2% from the same month last year, the data showed.

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Exports Up Over 50 % To USD 7.41 Bn During August 1-7

Oil imports during August 1-7, jumped by about 141 per cent to USD 1.80 billion. Similarly, imports of electronic goods rose by nearly 31 per cent to USD 308 million.

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IOC Buys Oil From Guyana, Signs Up Term Pact For US Crude

IndianOil becomes the first Indian PSU refiner to procure Guyanese crude as part of our continuous efforts to diversify crude basket

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Exports Dip 0.25 % To USD 27.67 Bln In February

The trade deficit widened to USD 12.88 billion in February as compared to USD 10.16 billion in the year-ago period

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Indian Households Shun Downmarket Palm Oil, Cutting Demand In Lockdown

India's palm oil imports could plunge 20% from a year ago to 7.5 million tonnes in the 2019/20 marketing year ending on Oct. 31,

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India's May Crude Oil Imports Post Biggest Decline Since At Least 2005

Crude oil imports fell to 14.61 million tonnes, it's lowest since 2015, Petroleum Planning and Analysis Cell data showed on Friday.

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Iraq Lowers June Oil Exports, Gets Closer To OPEC+ Target

Southern Iraqi exports in the first 14 days of June averaged 2.93 million bpd, according to Refinitiv Eikon data and separate tracking by two industry sources.

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India's Sunflower Oil Imports Could Jump 15% - Industry Official

ndia is the world's biggest importer of edible oils and higher purchases of sunflower oil could help exporters such as Ukraine, Russia and Argentina to sell surplus output.

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Reliance's March Oil Imports Down 8.3% Year-On-Year

Reliance shipped in about 43% of its imports from Latin America, slightly lower than about 43.5% a year ago

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Iran Hopes India Will Seek Fresh Waiver From U.S. Sanctions - Deputy Foreign Minister

In November, the Unites States granted a six-month waiver from sanctions to India and allowed New Delhi to continue to import a limited quantity of Iranian oil

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Going Extra Lengths To Find Substitute For Iranian Oil For Countries Like India: WH

US National Security Advisor John Bolton who last month met his Indian counterpart Ajit K Doval a week after the 2+2 dialogue in New Delhi, said the Trump Administration has made its views clear to the Indian side on oil imports from Iran.

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India Preparing For Cut In Oil Imports From Iran

India has asked refiners to be prepared for any eventuality, since the situation is still evolving. There could be drastic reduction or there could be no import at all

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