Journalism of Courage
crude oil imports
CRUDE OIL IMPORTS NEWS
India’s Russian oil imports robust in Sept so far, crude loadings from ports stable
September 17, 2025 2:39 am
Typically, contracts for Russian crude supplied to India are finalised six-eight weeks before delivery, which means that the volumes imported in the first half of September correspond largely to contracts from July, when US President Donald Trump began to publicly target India over its Russian oil purchases.
India’s oil imports from US surged over 270% in first four months of year
June 28, 2025 2:50 am
Negotiations between India and the US for an interim trade deal by July 9 have entered their final phase.
Subdued crude prices help lower India’s oil import bill in Sep-Nov even as volumes rise
December 26, 2024 8:31 am
A downward pressure on international oil prices, and consequently on India’s oil import bill, is a positive for the country due to its extremely high dependence on oil imports.
Growth in domestic demand bumps up India’s net oil, gas import bill by 15% in April-October
November 18, 2024 9:35 am
India’s crude oil imports for April-October rose 3.5 per cent year-on-year to 140.2 million tonnes, while the oil import bill for the period rose 7.6 per cent to $81.7 billion.
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.
Russia continues to dominate India’s oil imports in July, Saudi Arabia recovers from June lows
August 03, 2024 1:08 pm
Indian refiners imported a total of 2.08 million barrels per day (bpd) of Russian crude oil in July, the highest since June of last year.
Under scanner for Russia crude transport, Gatik distances itself from fleet
June 17, 2023 8:12 am
According to latest information available on international shipping database Equasis, Gatik is now listed as the commercial manager of just four tankers.
China’s renewed appetite for Urals could temper India’s Russian oil buys
May 08, 2023 5:24 pm
In April, India’s import of Russian crude set a new record of 1.68 million barrels per day (bpd), accounting for 36.4 per cent of India’s total oil imports of 4.61 million bpd for the month, according to data provided by energy cargo tracker Vortexa.
Despite price cap, enough tankers to supply Russian crude to India
February 11, 2023 11:25 am
According to industry watchers, though a few older Europe-based shippers have exited the Russian oil export market, there are enough tankers available to carry oil from Russia to Indian ports, thus allowing Moscow to ship record volumes to India in January.
Not just crude, coriander seed imports too spice up Russia trade
February 06, 2023 7:01 am
India’s official trade data shows that coriander seed imports from Russia surged by a staggering 1,313% year-on-year in the first eight months of the current fiscal year to a little over 23,000 tonnes.
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