Crude oil imports

Petroleum minister Hardeep Puri on Monday said that India is open to importing crude oil from all possible sources to meets its demand. Addressing a press conference a day ahead …

The ongoing conflict between Israel and Iran is not expected to have a significant impact on India’s crude oil imports, as experts pointed out that India’s crude imports from Iran …

As India and Iran reboot their ties, issues related to food security and cooperation in the agriculture sector are set to be the edifice, going ahead. The two countries have …

India’s crude supplies from Russia are expected to remain intact or even rise despite Moscow’s decision to cut down on oil production. Russia has already that it will bring down …

As India’s fuel demand is expected to rise substantially fuelled by a healthy pickup in economic activities, New Delhi is set to further increase oil imports from Moscow notwithstanding the …

As the year 2022 came to a close, India became the main outlet for Russian seaborne Urals. According to Hellenic Shipping News, until December 26, Urals loadings to Asia were …

Moscow has welcomed India’s decision not to stick to the G7’s decision of imposing a price cap on Russian oil. Russia’s Deputy Prime Minister Alexander Novak conveyed this message during …

The world, including India’s partners in the Indo-Pacific QUAD, including the United States, Japan and Australia are closely monitoring New Delhi’s move as it starts getting import orders from Russia. …

Bilateral trade between India and Russia is all set to exceed $30 billion in the next one year– much before the 2025 target. Trade between the two countries driven by …

<p> Global oil prices have been easing for the last few weeks though on Monday they rose marginally. This will provide the much required relief to India’s policymakers. India imports …

<p> <strong>The Centre, which finally drastically slashed domestic fuel prices, is hoping to make up a part of the losses by higher collection of goods and services tax along with …

<p> <strong>The rupee on Monday hit a record low of over 77 to a US dollar amid rising geopolitical tension as the Russia-Ukraine conflict intensified. Crude oil prices have already …

<p> <strong>Amid rising geopolitical tensions that have pushed up global oil prices, all eyes are now on Iran. Though in the last few days, global oil prices have somewhat eased …

<p> <strong>The deepening of the ongoing political turmoil in Kazakhstan has left several countries including China worried. The unrest has not only pushed global oil prices northward but fears of …