oil import

oil import News

Considerable amount of cooperation from India to stop export of Venezuelan oil: US

As part of its effort to squeeze the Maduro regime, the US had asked countries, including India, across the world to stop importing oil from Venezuela or face American sanctions.

India ready to clear $6.5 billion of Iran's oil dues

Iran has scrapped free delivery of crude oil to Indian refiners last month.


Shocker drive: M Veerappa Moily unveils mega austerity scheme to slash oil import bill

Govt employees set to face harrowing time as Veerappa Moily unveils crackdown to save dollars.

India to save $8.5 bn in oil imports from Iran: Moily to PM

India plans to save over USD 8.5 billion in foreign exchange this fiscal by increasing crude oil imports from Iran,Oil Minister M Veerappa Moily has told Prime Minister.

Moily meets FM to discuss ways to cut oil bill

Tight on finances,the finance ministry has no means to meet half of the losses by way of cash subsidy.

US exempts India from Iranian oil sanctions

The United States Thursday exempted India and eight other countries from financial sanctions for six-month for importing oil from Iran


Exports surge by 26.8 pct in November

India's exports for the current fiscal year will probably touch $210 billion to $215 billion.