Page 3 - India Oil Imports

Recalibrating Russian oil imports, will fully comply with guidelines: RIL

Reliance, which operates the world's largest refining complex at Jamnagar in Gujarat, has a long-term deal to buy nearly 500,000 bpd of crude oil from Russian major Rosneft

India's Russian oil imports may dry up as US sanctions hit Rosneft, Lukoil

Latest sanctions will mean that orders due to be placed over the coming week - for crude that will load in November and deliver in December - will now be overwhelmingly from other destinations

India to cut Russian oil imports by year-end: Trump after new sanctions

US President Donald Trump said India will sharply reduce Russian oil imports by the end of the year, following new US sanctions on Moscow's major oil firms

'Thank you for your call, warm Diwali greetings': PM Modi after Trump call

PM Modi responded to President Donald Trump's Diwali wishes, saying India and the US share strong democratic values and should continue working together for peace and against terrorism

'India won't be buying Russian oil anymore': Trump reiterates claim

Earlier this week, Trump claimed that PM Modi assured him that India would stop buying oil from Russia, a move he described as "a big step" in Washington's efforts to isolate Moscow

Our cooperation in line with India's national interest, says Russian envoy

Alipov's comments came shortly after the remarks by MEA spokesperson Randhir Jaiswal, who emphasised that India's energy policies are shaped entirely by the need to protect consumer interests

Russian oil imports in Apr-Sep fell 8.4% on tighter supplies, discounts

September's volume was flat versus August at 1.6 million bpd, down 14.2 per cent from the same month a year ago, the data showed

Indian refiners likely to import more Russian oil as discounts deepen

Discounts on Urals crude loading in November are $2-to-$2.50 a barrel to Dated Brent, making it attractive

India eyes first US LPG deal as trade war shifts global fuel supply routes

India's state oil companies plan to import up to three large US LPG cargoes per month in 2026, marking the country's first long-term US supply deal

Economics trumps politics: India's US oil, LNG imports slump sharply

India is guided solely by economics when sourcing oil and LNG rather than geopolitics, and the government does not interfere in decisions by state-oil companies, September data shows

State refiners cut dependence on Russian oil as private firms boost imports

During the last month, while the state-run refiners were cutting their reliance on Russian crude, private players were stepping up procurement

The coming made-in-US oil crunch: Energy diplomacy rests on supply illusion

For the past two years, Mr Trump and his team have pressed India and other nations to stop buying Russian oil and shift to US barrels

No international sanctions on buying Russian crude, says Hardeep Singh Puri

Petroleum Minister Hardeep Singh Puri said India will keep importing Russian oil as no sanctions ban such purchases, while stressing PSU oil firms are profitable but undervalued

India, Russia look to strengthen balanced bilateral agriculture trade

Russian Deputy Prime Minister Dmitry Patrushev met Agriculture Minister Shivraj Singh Chouhan as both nations discussed trade barriers, fertiliser and oil imports, and wider farm cooperation

Russian crude oil imports this month likely to exceed August level

India imported 1.63 million barrels of crude oil from Russia until September 24, as against 1.71 million barrels per day (bpd) in August

US pushes to include India's Russian crude imports in trade negotiations

US officials have sought India to include Russian oil purchases in trade talks, even as New Delhi's refiners boost imports

MEIL secures bid for India's first private strategic petroleum reserve

Megha Engineering & Infrastructures Ltd won the mandate to build and operate a 2.5 million metric tonne strategic petroleum reserves at Padur, Karnataka

Sanctioned Russian oil tanker reroutes to Vadinar after Adani port ban

A sanctioned Russian oil ship headed for Adani's Mundra port has changed course to Vadinar after the group barred blacklisted vessels, putting India's crude imports under fresh scrutiny

Peter Navarro lashes out at India after another online fact-check on X

Peter Navarro, Senior Counsellor for Trade and Manufacturing for US President Donald Trump, on Monday yet again attacked India after being continuously fact-checked for his false claims on X.Instead of facing facts about Indian oil purchases from Russia, he alleged Indians of twisting the results of a poll he had posted on X.He wrote on X, "India has largest population in the world & all it can do is manage few hundred thousand X propagandists to jerk around a poll? Too funny. America: look at how foreign interests use our social media to advance their agenda."Navarro's reaction came to his previously challenged X's content moderation policies on which he had launched a poll to gauge user opinions, escalating his feud with the social media platform after being corrected on his earlier post."Indian special interests trying to interfere with domestic dialogue with lies about India buying Russian oil. Should X present this crap as comments from "diverse viewpoints"?, he wrote on

India's oil demand growth set to outpace China in 2025: Trafigura

China and India - the region's leading crude importers - are key drivers of demand growth, as producers and traders navigate the impact of economic shifts, plus the spread of renewable energy