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Sunday, July 05, 2020

crude oil import

CRUDE OIL IMPORT NEWS

Vikram S Mehta on crude oil price dive: ‘It’s the death knell for the oil industry'

April 28, 2020 11:58 pm

The fundamentals of the oil industry are not just determined by demand and supply, they are also determined by geopolitics, by the paper trader, said Vikram S Mehta.

Germany, Poland halt oil imports via Russian pipeline over quality concerns

April 25, 2019 4:03 pm

The suspension could trigger legal claims by Western buyers against Russian suppliers, who would in turn seek compensation from Russian pipeline monopoly Transneft, three traders with Western oil buyers said.

US ends waiver for Iran oil, India second biggest buyer after China

April 23, 2019 7:09 am

India was one of eight countries allowed temporary import of Iranian oil. India was being pushed by the US to restrict its monthly purchase to 1.25 million tonnes, down from 22.6 million tonnes bought in 2017-18

India’s crude oil imports see first monthly fall since Iran sanctions

December 25, 2018 12:37 am

While imports by government-owned firms decreased by 1.9 per cent in November that by private companies fell by 25.1 per cent.

India’s oil import in October highest in seven years

November 22, 2018 7:34 am

India’s increased dependence on oil imports is in contradiction with the country’s planned roadmap to increase self-sufficiency. In March 2015, Prime Minister Narendra Modi had called for a time-bound reduction in India’s onerous import dependence for oil and gas.

Govt touches 75% of FY15 fiscal deficit target by August

October 01, 2014 10:49 am

The government has used its FY15 borrowing target by Rs 8,000 crore last week.

Iran oil payments bring relief for Rupee

July 22, 2013 12:56 am

IOC’s imports worth $7 billion in 13 months

Can't halt the import of Iran oil,India to tell US

March 20, 2013 2:02 am

India has,however,declined Iran's proposal to make payments in roubles or yuan.

India must be prepared for all eventualities over Iran: Reddy

January 18, 2012 2:52 pm

India is Iran's second-largest crude buyer,taking about 13.5 pct of Iran's 2.6 million bpd of exports.