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Friday, February 28, 2020

India oil import

INDIA OIL IMPORT NEWS

India's oil imports from Middle East falls to 4-year low in 2019: Trade

January 20, 2020 2:18 pm

India shipped in 2.68 million barrels per day (bpd) oil from the Middle East in 2019, down about 10% from 2018, and around 1.8 million bpd from elsewhere, the data reviewed by Reuters showed.

India's palm oils import dips over 8% in December: Industry body

January 16, 2020 5:19 pm

India's total vegetable oil imports declined to 11.28 lakh tonne in December 2019, compared to 12.11 lakh tonne in the year-ago period, industry body Solvent Extractors Association (SEA) said.

Saudi Aramco has assured Indian refiners of no supply shortage: Oil Ministry

September 16, 2019 6:22 pm

A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven oil prices to their highest level in nearly four months.

India's oil consumption rises for third month before Lok Sabha Elections

March 19, 2019 2:13 pm

Demand for liquefied petroleum gas is also surging, with state refiners seeking to import cargoes of the cooking fuel as the government tries to keep voter morale high by ensuring rural households are well supplied.

India to surpass China to become 2nd largest oil demand centre in 2019

January 22, 2019 4:34 pm

In a report, Wood Mackenzie said India's oil demand growth recovered strongly in 2018, overcoming the aftermath of the implementation of Goods and Services Tax (GST) and demonetisation, and contributed 14 per cent of the global demand growth or 2,45,000 barrels per day.

US: Exploring alternative oil supplies to ensure 'our friend India's economy' not adversely affected

September 29, 2018 6:20 pm

The US has made it clear that any country that continues to do business with Iran will be blocked from accessing the American banking and financial system.

Crude risk

May 23, 2016 12:03 am

Comfort from cheap oil is something the Modi government cannot rely on as it enters its third year

Oil Ministry backs more Iran crude import before Obama's meeting with Manmohan

September 24, 2013 8:38 am

US has declared its will to negotiate after election of Rouhani as Iranian president.

India and Iraq consider local currencies as medium of exchange after rupee decline

April 08, 2014 5:27 pm

Value of trade between India and Iraq stands at 21 billion US dollars.

Iraq will not sell crude to India at a special price: Shahristani

April 08, 2014 5:54 pm

Deputy PM for Energy offered to set up joint enterprises and invited investments in Iraq.