US oil exports fall as India turns to Iran ahead of sanctions
US oil shipments to India fell to 84,000 barrels per day (bpd) last month, down 75 percent from a record high of 347,000 bpd in June, Kpler data showed. India accounted for 12 percent of US crude exports in June.
Oct 05, 2018, 14:25 PM ISTIndia tests US crude oil to cut dependence on Middle East
Indian refiners Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corporation Limited were given a special permission by the shipping ministry to import oil from the United States until March.
Oct 17, 2017, 11:12 AM ISTIndia to benefit as US lifts 40-year-old ban on oil export
The United States on Friday lifted a 40-year-old ban on export of oil, thus paving the way for energy deficient countries like India to open up another frontier to import oil from a distant friendly nation.
Dec 19, 2015, 19:24 PM IST