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India Oil Import

Reliance Prospective IndianOil stake sale now as share price is low

Says divestment should be at a better price, EGoM to take up the issue on Thursday

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Updated On : 27 Jul 2023 | 12:07 PM IST

India asks OPEC to correct anomalies in crude price for different regions

India said oil-cartel OPEC needs to address anomalies in the crude price differential for different regions.

India asks OPEC to correct anomalies in crude price for different regions
Updated On : 06 Nov 2020 | 12:48 AM IST

India's import of US oil jumps 10-fold to 250,000 bpd: US Energy Secretary

India began importing crude oil from the US in 2017 as it looked to diversify its import basket beyond the OPEC nations

India's import of US oil jumps 10-fold to 250,000 bpd: US Energy Secretary
Updated On : 26 Feb 2020 | 2:04 AM IST

India on track to achieve 10% cut in crude oil import by 2022: Pradhan

The government is focusing on increased use of bio-fuels and raising domestic crude oil and gas production to reduce imports

India on track to achieve 10% cut in crude oil import by 2022: Pradhan
Updated On : 06 Nov 2019 | 3:10 PM IST

India asks OPEC not to cut oil production; seeks better commercial terms

OPEC nations led by Iraq and Saudi Arabia supply more than 80% of India's oil needs

India asks OPEC not to cut oil production; seeks better commercial terms
Updated On : 16 Oct 2019 | 7:42 AM IST

India's oil import bill 'likely to jump by $26 bn' due to record rupee fall

India, which imports over 80% of its oil needs, spent $87.7 billion on importing 220.43 million tonne of crude oil in 2017-18. For 2018-19, the imports are pegged at almost 227 MT

India's oil import bill 'likely to jump by $26 bn' due to record rupee fall
Updated On : 16 Aug 2018 | 2:54 PM IST

'Go to zero': US pushes India, China and allies to halt Iran oil imports

The Trump administration's position is that no exemptions will be permitted, says a US State Department official

'Go to zero': US pushes India, China and allies to halt Iran oil imports
Updated On : 27 Jun 2018 | 10:10 AM IST

How India plans to seek better bargains with global oil producers

Iran has offered to increase a discount on freight prices to Indian state refiners to double its sales to the companies, which control about one-third of India's refining capacity

How India plans to seek better bargains with global oil producers
Updated On : 10 Apr 2018 | 7:21 PM IST