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Page 16 - India Oil Imports

Letter to BS: Over dependency on Middle East for oil may hit India hard

India's demand for crude is assessed at 8.2 million bbl/d by 2040, while domestic production will remain relatively flat at around 1 million bbl/d

Letter to BS: Over dependency on Middle East for oil may hit India hard
Updated On : 18 Sep 2019 | 9:33 PM IST

Highly gratified by cooperation from 'great friend' India on Iran: US

India has brought down the import of oil from Iran, with which it has historic and cultural ties, to almost zero

Highly gratified by cooperation from 'great friend' India on Iran: US
Updated On : 01 Aug 2019 | 8:46 AM IST

India's edible oil imports may rise by 7.3% to record highs in FY20: Expert

Higher purchases by the world's biggest edible oil importer could support palm oil prices that are under pressure due to sluggish demand amid an expected rise in production

India's edible oil imports may rise by 7.3% to record highs in FY20: Expert
Updated On : 23 Jul 2019 | 1:13 AM IST

Can India defy Trump? Govt looks to keep Iran oil tap open amid sanctions

India is exploring ways to get around US sanctions, due to kick in from November 4, to continue buying oil from its third-largest supplier

Can India defy Trump? Govt looks to keep Iran oil tap open amid sanctions
Updated On : 16 Oct 2018 | 9:08 PM IST

India to continue Iran oil imports post US sanctions, to pay in rupees

Sources said India and Iran are discussing reverting to rupee trade after November 4

India to continue Iran oil imports post US sanctions, to pay in rupees
Updated On : 06 Oct 2018 | 1:53 AM IST