Page 14 - India Oil Imports

India's February palm oil, sunflower oil imports drop month-on-month

India's palm oil imports in February fell 18% from a month prior because of higher prices, while sunflower oil imports plunged 50% as supplies from the Black Sea region were disrupted

Oil nears $100: Petrol, diesel price hike coming after elections

Domestic fuel prices - which are directly linked to international oil prices - have not been revised for a record 110 days in a row

Mideast share of Nov Indian oil imports at 16-mth high, African grades slip

On the other hand, the share of African oil plunged to a 16-month low of around 9.7%, or about 419,000 bpd, the data showed.

India's crude oil import bill set to breach FY21 tally, say experts

Import bill likely to be a three-year high

India starts selling oil from strategic reserves after policy shift: Report

India, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by some other countries.

Sunflower oil imports could jump to record as prices dip below soyoil

India is the world's biggest importer of edible oils and higher purchases of sunflower oil could help exporters such as Argentina, Russia and Ukraine to dispose of surplus output.

India takes up high oil prices with OPEC, producers, demands low rate

India has taken up the issue of high oil prices with producer nations and OPEC, demanding affordable rates, Minister of State for Petroleum and Natural Gas Rameswar Teli told the Lok Sabha on Monday.

Why PM's goal on raising oil and gas production will be unattained in 2022

Modi aimed at lowering it by at least 10 per cent by 2022 - to coincide with the platinum jubilee of India's independence

India again urges OPEC to phase out oil output cuts

India, the world's third-biggest oil importer and consumer, relies on overseas supplies for over 80% of its oil needs.

Middle East's crude share of India's oil imports hits 25-month low in May

India, world's third biggest oil importer, in March directed refiners to diversify crude sources after OPEC and its allies, led by top exporter Saudi Arabia, ignored Delhi's call to ease supply curbs

India's May crude oil imports dip as coronavirus pandemic curbs demand

India's May crude oil imports slipped to their lowest in three months as fuel demand sagged amid a second wave of the pandemic that crimped economic activity and mobility, data showed on Monday

Farzad-B gas field: India one of the losers in energy politics of West Asia

Last week, after chasing India to develop the field for 13 years, Iran announced that it will develop the offshore gas field, which runs along the country's maritime border with Saudi Arabia

Oil marketing firms: Gross refining margin, demand remain under pressure

Q4 numbers were boosted by inventory gains

Oil for oxygen: India welcomes Saudi covid aid, boosts oil imports

Indian oil minister Dharmendra Pradhan on Friday thanked Saudi Arabia and other Middle Eastern oil producers for supplying liquid medical oxygen (LMO) to help the country in its battle with the Covid

Undiplomatic wrangling

India-Saudi relationship must survive oil price dispute

India to resume buying crude oil from Iran once US sanctions ease: Official

India will look to resume buying crude oil from Iran the moment US sanctions are eased, helping it diversify its import basket, a senior government official said

Oil price dips as record Covid-19 cases in India imperil demand revival

West Texas Intermediate slid 0.6%, though remains within the $5 range it has traded in since mid-March

Power play: India wields oil 'weapon' to cut dependence on Saudi Arabia

Indian refiners plan to cut imports from the Kingdom by about a quarter in May, sources said, dropping them to 10.8 million barrels from monthly average of 14.7-14.8 million barrels

HPCL-Mittal first Indian company to buy Guyanese crude Liza: Report

The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast

First Guyanese crude cargo to India on its way to Mundra port: Report

The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast in a vessel