Search For "oil import"
Absence of futures in palm, soyoil hurting importers, industry body makes
Updated : 3 years, 5 months ago IST
New Delhi [India], October 14 (ANI): There is an urgent need to allow exchange trading in palm oil and soybean oil as an absence of futures trading, which facilitates hedging, has led to "heavy financial loss" for importers of these commodities during the past three-to-four months, according
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India is clear about its policy regarding oil purchases, will buy oil from
Updated : 3 years, 5 months ago IST
Washington [US], October 8 (ANI): India has reiterated its choice of importing oil from countries like Russia after OPEC Plus, a consortium of oil-producing nations led by Russia and Saudi Arabia announced a slash in oil production by two million barrels per day.
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Fact Sheet: Amendment in India's rice exports policy and rationale behind
Updated : 3 years, 6 months ago IST
New Delhi [India], September 23 (ANI): The recent changes in India's rice exports policy have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and to help the animal husbandry and poultry sectors by reducing the cost of animal feed th
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Five Asian countries, including India, join hands to form palm oil allianc
Updated : 3 years, 6 months ago IST
New Delhi [India], September 22 (ANI): The apex edible oil industry associations from five major palm oil importing countries in Asia have come together for the first time to form an alliance -- Asian Palm Oil Alliance (APOA).
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Pakistan to import Russian oil on deferred payments
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 20 (ANI): Pakistan can import oil from Russia on deferred payment as both countries are in talks to discuss the possibility, a senior government functionary revealed on Sunday following a recent meeting between Prime Minister Shehbaz Sharif and Russian Preside
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Trend of oil exports to India will continue, will strike new trade records
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): The trend of crude oil supply to India will continue, and bilateral trade will strike new records, said Russian Ambassador to India, Denis Alipov, in an interview with ANI.
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Buying discounted crude oil from Russia is wise decision: Economists
Updated : 3 years, 6 months ago IST
New Delhi [India], September 8 (ANI): Buying crude oil with a discount from Russia is a very wise decision, and Prime Minister Narendra Modi's government has shown a lot of agility and smartness to not letting its energy prices go out of control by buying oil from Russia at discounted rates,
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From 2 per cent to 13 per cent, Nirmala Sitharaman explains India's Russia
Updated : 3 years, 6 months ago IST
New Delhi [India], September 8 (ANI): The share of Russian oil in India's overall oil import basket increased from 2 per cent to 13 per cent in a couple of months after the beginning of the Russia-Ukraine war, which led to a spike in energy prices globally, Union Finance Minister Nirmala
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G7 to implement price cap on Russian oil imports
Updated : 3 years, 6 months ago IST
Berlin [Germany], September 2 (ANI): The Group of Seven (G7) nations have promised to move towards a price cap on Russian oil, saying it would hamper the country's war efforts in Ukraine and speed up the deterioration of its economy.
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Taliban to strike deal with Russia for oil, gas imports
Updated : 3 years, 7 months ago IST
Kabul [Afghanistan], August 27 (ANI): As the world witnesses a catastrophic energy crisis with the ongoing war in Ukraine, Talibani officials said that they are close to striking a deal with Moscow over the import of Russian oil and gas, media reports said.
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Russia is China's top oil supplier for third month in July
Updated : 3 years, 7 months ago IST
Beijing [China], August 21 (ANI): Russia is China's top oil supplier for a third month in July, media reports said citing data released by the Chinese General Administration of Customs on Saturday.
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"Best deal": Jaishankar defends India's crude oil imports from Russia
Updated : 3 years, 7 months ago IST
Bangkok [Thailand], August 17 (ANI): External Affairs Minister S Jaishankar who is in Thailand to attend the 9th India-Thailand Joint Commission Meeting defended India's crude oil imports from Russia by terming it the "best deal" for the country.
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