Crude Export

India's 2025 fuel exports may face heat from geopolitics, Houthi attacks

Attacks by Iran-backed Houthi rebels since October 2023 on ships crossing the Suez Canal have hurt sales of transport fuel shipments from India

China becomes largest buyer of Russian seaborne crude as India goes slow

China imported 1.82 million barrels per day of Russian crude by sea in March, exceeding India's 1.36 million bpd

Crude imports hit 21-month high in Jan on strong industrial activity

India's fuel consumption rose 8.2% year-on-year last month, government data showed earlier this month

Mexico aims to suspend crude oil exports by 2023: State-owned Pemex

Mexico's state-owned oil company Petroleos Mexicanos (Pemex) is looking to suspend its crude exports by 2023 to allocate all of its output toward domestic consumption, CEO Octavio Romero has said.

Domestic crude export not economically justified: Centre to HC

Govt is opposing UK-based Vedanta group company Cairn India's plea for permission to export excess crude from its Barmer oil field in Rajasthan