Search For "india oil imports"
India could cut fuel import bill by USD 3 billion by switching to Venezuel
Updated : 4 months ago IST
India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according to a new report by State Bank of India (SBI) Research.
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India's crude import costs rise as Russian share dips, amid pressure to re
Updated : 7 months, 2 weeks ago IST
India's average crude import cost has increased sharply versus the Dubai benchmark, in FY2026 so far, even as the share of Russian crude in the country's oil basket has declined, said Kotak Institutional Equities in its latest report.
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India's oil imports from Russia helped global markets to stabilise: Hardee
Updated : 11 months ago IST
Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel.
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Moody's affirms stable ratings outlook for oil firms IOCL, BPCL, and HPCL
Updated : 3 years, 3 months ago IST
The profitability of the Indian oil marketing companies (OMCs) has increased as retail selling prices of petroleum products have "remain unchanged" during six months in 2022.
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Noticeable increase in exports of Russian oil to China, India: Putin
Updated : 3 years, 11 months ago IST
Moscow [Russia], June 22 (ANI): Russian oil exports to China and India have noticeably increased and its presence in the BRICS countries is also growing, President Vladimir Putin said on Wednesday amid the Ukraine conflict that has resulted in heavy sanctions on Moscow.
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PM Modi-Biden talks 'constructive', India not violating any sanctions by i
Updated : 4 years, 1 month ago IST
Washington [US], April 12 (ANI): In a major shift in its tone on India's energy imports from Russia, the United States on Monday (local time) said that energy imports are not banned from Russia and New Delhi is not violating US sanctions.
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US would do everything to ensure India has adequate crude imports: Pompeo
Updated : 6 years, 11 months ago IST
New Delhi [India], June 26 (ANI): United States appreciates India efforts to move away from purchasing Iranian and Venezuelan oil imports and will do everything to ensure that it has adequate crude supplies, US Secretary of State Michael Pompeo said on Wednesday.
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