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oil import

OIL IMPORT NEWS

Explained: Why has Saudi Arabia raised oil shipping costs to Asia?

April 08, 2021 9:32 am

Saudi Arabia will, however, continue to be one of the largest sources for the import of crude oil for India due to its geographical proximity and India’s large crude oil requirements.

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

March 30, 2019 8:57 am

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

May 01, 2016 4:12 pm

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

September 24, 2013 7:57 pm

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

September 01, 2013 1:50 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

August 30, 2013 3:16 am

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

June 07, 2013 1:31 am

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

December 08, 2010 2:47 pm

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