Search For "crude imports"
No shortage of petrol, diesel, kerosene, ATF or fuel oil: Hardeep Puri tel
Updated : 1 day, 15 hours ago IST
"India has sufficient gas production and supply arrangements to sustain this position even in the event of a prolonged conflict. Power generation for every household and for industry is fully protected," Hardeep Singh Puri said. Opposition members sloganeered and protested against Puri's
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Qatar will start supplying LNG to India once route is open: Govt sources
Updated : 6 days, 13 hours ago IST
Amid a severe energy crisis currently unfolding in the Middle East, Government sources have revealed that Qatar has provided specific guarantees regarding LNG's supply continuity, noting, "We are assured by Qatar that they will start supplying to India on the very first minute once the route
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India open to resuming Venezuelan crude imports based on commercial viabil
Updated : 1 month ago IST
India reaffirmed it remains open to sourcing crude oil from Venezuela and other regions based on commercial viability. MEA spokesperson Randhir Jaiswal highlighted Venezuela as a long-standing energy partner, noting India's pragmatic, market-driven approach to securing crude supplies.
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Global economy in major problem if Russian oil exports disrupt, India's im
Updated : 7 months ago IST
If Russian oil exports were to be disrupted, it could create a major problem for the global economy, however, for India, the impact is expected to be limited, according to a report by Bank of Baroda
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India's fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if i
Updated : 7 months, 1 week ago IST
India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
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Value of India's crude imports from Russia surges significantly at a CAGR
Updated : 7 months, 1 week ago IST
India's oil and gas sector is undergoing a strategic transformation amid a fast-changing global landscape marked by shifting alliances, sanctions, and rising geopolitical uncertainty, according to the recent Rubix Industry Insights report.
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S&P Global warns geopolitical tensions may hit global oil demand
Updated : 8 months, 2 weeks ago IST
The latest report by S&P Global highlights that geopolitical tensions and shifting trade policies could potentially have a negative impact on the global oil demand.
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 8 months, 4 weeks ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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India importing crude from 40 countries; Argentina is new supplier: Hardee
Updated : 1 year, 1 month ago IST
Addressing a press conference a day ahead of the India Energy Week 2025, the Union minister recalled how India diversified its crude imports from 27 countries to 40 countries.
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Fuel prices in India to remain stable amid fluctuating crude rates says In
Updated : 1 year, 1 month ago IST
Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney has reaffirmed the company's commitment to maintaining stable fuel prices despite fluctuating crude oil rates.
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India's crude imports will not be impacted by Israel-Iran conflict: Expert
Updated : 1 year, 5 months ago IST
The ongoing conflict between Israel and Iran is not expected to have a significant impact on India's crude oil imports, as experts pointed out that India's crude imports from Iran are almost negligible.
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Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts
Updated : 1 year, 5 months ago IST
With the softening of crude prices in the international market, it is estimated that the government may save up to Rs 60,000 crore on crude imports this fiscal as compared to last year.
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