Search For "crude oil imports"
Prolonged West Asia conflict could slow down India's growth: SBI Research
Updated : 1 week ago IST
The ongoing conflict in West Asia could have multiple economic implications for India, particularly through higher oil prices, disruptions in energy supply routes, and potential impacts on remittances and trade, according to a new report by SBI Research. The report highlighted that while the
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India open to resuming Venezuelan crude imports based on commercial viabil
Updated : 1 month, 1 week 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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"Many questions unanswered": AAP MP Sanjay Singh on India-US trade deal
Updated : 1 month, 1 week ago IST
Aam Aadmi Party (AAP) Member of Parliament Sanjay Singh on Wednesday said that many questions were left unanswered in the Parliament by the Industries and Commerce Minister Piyush Goyal on the India-US trade deal.
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Crude oil imports from Russia decline, uptick from US: Economic Survey
Updated : 1 month, 2 weeks ago IST
The Economic Survey 2026 has highlighted a notable increase in terms of imports of crude oil from the United States (US) as compared to Russia in the Financial Year 2026 (April-November).
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"We can process Venezuelan crude if made available": IOCL Chairman
Updated : 1 month, 3 weeks ago IST
Chairman of Indian Oil Corporation Ltd (IOCL), A S Sahney, said that Indian refineries are "robust" and can process Venezuelan crude if it becomes available.
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India unaffected by US action on Venezuela due to limited trade: GTRI
Updated : 2 months, 1 week ago IST
The ongoing crisis in Venezuela is unlikely to have any material economic or energy impact for India, asserted India-based think tank Global Trade Research Initiative (GTRI).
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Russian Oil exports drop sharply in November as sanctions concerns weigh o
Updated : 3 months ago IST
Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.
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India can expand exports to Russia from USD 5 bn to USD 35 bn by 2030: GTR
Updated : 3 months, 1 week ago IST
India has the potential to raise its merchandise exports to Russia from about USD 5 billion to nearly USD 35 billion by 2030, according to a GTRI report, as President Vladimir Putin's visit to Delhi places renewed focus on narrowing the wide trade gap between the two countries.
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Indian equity inflows from Russia tripled in FY25, highest in four years:
Updated : 3 months, 1 week ago IST
Russian FDI equity inflows into India surged more than threefold in FY2025 to USD 18.45 million, up from USD 5.16 million in FY2024, marking the highest level in four years and a renewal in economic engagement between the two countries.
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 3 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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Assessing implications of EU, UK, US move on oil imports from Russia, wil
Updated : 4 months, 3 weeks ago IST
Reliance Industries said on Friday that it is assessing the implications, including the new compliance requirements, of the recent restrictions announced by the European Union, United Kingdom and the United States on crude oil imports from Russia and export of refined products to Europe a
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India moving ahead with strong focus on clean mobility and renewables, say
Updated : 5 months, 1 week ago IST
Experts and industry leaders, at the 6th International Energy Conference and Exhibition, said India's journey towards cleaner and more sustainable mobility is moving steadily with a strong focus on alternate fuels, renewable energy, and reducing dependence on crude oil imports.
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