Journalism of Courage
crude oil import
CRUDE OIL IMPORT NEWS
12 million barrels of Venezuelan oil may reach India this month
April 08, 2026 1:24 am
India depends on imports to meet over 88% of its requirement, and processes over 5 million barrels a day of crude.
India’s energy security is tethered to a war zone
March 19, 2026 6:53 pm
Today, India has around 33 crore LPG connections, with over 10 crore households covered under the PMUY scheme. The average annual consumption among beneficiary households has risen steadily, with India delivering over 55 lakh cylinders daily across consumer categories
As oil flow through Strait of Hormuz comes to a halt, India may look at increasing Russian oil imports
March 05, 2026 1:14 pm
According to Ritolia, LPG imports are the “bigger vulnerability” for India.
With Trump sanctioning Russian oil firms, India needs to reassess its energy imports
October 25, 2025 12:09 am
The US has been joined by the EU, which has also unveiled measures that target Russian oil and gas. This marks a significant change in Western policy. But these moves will also disrupt global oil markets
Trump’s tariffs have forced no change in Indian refiners’ Russian oil import strategy, say top officials
August 15, 2025 3:15 am
Indian refiners’ hefty imports of Russian crude have surfaced as a major irritant for the Trump administration.
India set to ramp up oil imports from Russia, Africa, US and Latin America
June 24, 2025 8:54 am
India’s oil sourcing strategy is already reflecting a risk-hedged posture pertaining to West Asian oil flows with Russian oil dominating India’s oil import mix.
Pakistan signs agreement to defer USD 1.2bn payment for Saudi oil
February 04, 2025 11:58 am
Pakistan Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister's Office (PMO) said in a statement, adding that Pakistan will receive the oil on deferred payment for one year, it said.
India’s oil imports rebound in November with refineries back in full swing
December 18, 2024 10:43 am
Russia, other top suppliers see sequential growth in volumes in shipments to India
Crude imports fall amid refinery shutdowns and West Asia tension
November 03, 2024 8:06 am
Going forward, industry watchers expect oil imports to rebound in November as all Indian refiners would be fully back on stream amid robust demand and expectations of relatively limited oil price volatility in the international market.
India’s reliance on imported oil, natural gas grows as stagnant domestic production lags demand growth
October 28, 2024 7:48 am
Import dependency in the case of natural gas was 51.5 per cent in the first six months of FY25, up from 46.8 per cent a year ago and 47.1 per cent for the full FY24.
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