Russia becomes India's top crude oil supplier in October month: Report
India’s appetite for Russian oil swelled ever since it started trading on discount as the West shunned it to punish Moscow for its invasion of Ukraine.
Nov 06, 2022, 16:57 PM IST
Russia, India BILATERAL TRADE will touch new records, crude oil supply to India TREND will continue: Russian Ambassador
The Russian envoy said that India and Russia are looking to further expanding the relationship in the energy sector as the situation in future is unpredictable.
Sep 15, 2022, 10:48 AM IST
Crude oil import from Russia dips first time since May; increases from Saudi Arabia in July
Indian refiners lifted more term supplies from Saudi Arabia as prices were attractive while prices for Russian supplies have climbed on robust demand.
Aug 18, 2022, 12:43 PM IST
India's oil import bill doubles to USD 119 bn in FY22
India had spent USD 62.2 billion on the import of 196.5 million tonnes of crude oil in the previous 2020-21 fiscal, when global oil prices remained subdued in the wake of the COVID-19 pandemic.
Apr 24, 2022, 20:23 PM IST
Iraq continues to be India's top oil supplier, imports from US rises 4-folds
India provisionally imported 207.3 million tonne of crude oil in 2018-19, down from 220.4 million tonne in the previous financial year.
May 01, 2019, 16:34 PM IST
IOC signs $1.5 bn deal to buy US crude oil
This is the first time any Indian refiner has signed an annual contract since the country in 2017 began importing crude oil from the US.
Feb 18, 2019, 18:19 PM IST
India should reduce or stop crude oil import from Iran: Moody's
India is the second largest buyer of Iranian crude after China, accounting for about 30 percent of total crude exports from the Persian Gulf nation during April-August 2018.
Sep 27, 2018, 14:20 PM IST
India's November Iran oil imports skid to lowest since February 2016
India, the world`s number 3 crude oil consumer, received about 266,000 barrels per day (bpd) of oil from Iran last month.
Dec 14, 2017, 14:32 PM IST
Cabinet clears revised crude oil import policy for upstream PSUs
This will provide a more efficient, flexible and dynamic policy for crude procurement, eventually benefiting the consumers.
Apr 06, 2016, 16:29 PM IST
New crude import policy for spot buys soon: Dharmendra Pradhan
Oil Ministry will soon come up with a Cabinet note on new crude import policy for spot crude purchases by state-owned refiners, doing away with the long-followed tendering process, Minister Dharmendra Pradhan said Monday.
Feb 15, 2016, 20:48 PM IST
India's oil import bill likely to dip 35% in FY'16
India's crude oil import bill is likely to dip by 35 percent to USD 73 billion this fiscal as global energy prices slumped on weak demand.
Nov 25, 2015, 19:15 PM IST
Essar Oil to sign 10-year deal with Rosneft to import crude from Russia
Essar Oil will on Thursday sign a 10-year deal to import crude oil from Russia as President Vladimir Putin pushes to deepen energy ties with India to counter to US sanctions.
Dec 10, 2014, 19:56 PM IST
