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crude oil imports
Russia says there is no problem with payment for its oil shipments to India
Industry sources have said shipments of Russian crude oil to India were delayed by payment problems at the end of last year.
03 April 2024, 12:21 IST
Russia says there is no problem with payment for its oil shipments to India
03 April 2024, 12:21 IST
India to build first commercial crude oil strategic storage
ISPRL, a special purpose vehicle created by the government for building and operating strategic petroleum reserves in the country, has invited bids for constructing 2.5 million tonnes of underground storage at Padur in Karnataka.
03 April 2024, 12:01 IST
India to build first commercial crude oil strategic storage
03 April 2024, 12:01 IST
Oil extends fall as China's pledge to transform economy fails to impress
Brent futures for May fell 3 cents to $82.77 a barrel by 0159 GMT, while US West Texas Intermediate (WTI) fell 11 cents, to $78.63.
05 March 2024, 03:19 IST
Oil extends fall as China's pledge to transform economy fails to impress
05 March 2024, 03:19 IST
India resumes buying Russian Sokol oil after 2-month hiatus, sources say
Indian state refiners had to stop buying the grade last year after the government advised them against using Chinese yuan to pay for Russian oil amid strained relations between New Delhi and Beijing.
16 February 2024, 10:29 IST
India resumes buying Russian Sokol oil after 2-month hiatus, sources say
16 February 2024, 10:29 IST
India's Russian oil import hits 12-month low but long-term appetite remains intact
Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023.
05 February 2024, 08:08 IST
India's Russian oil import hits 12-month low but long-term appetite remains intact
05 February 2024, 08:08 IST
Russian crude faces delivery hurdles in India as sanctions bite
In an interview, Puri said, 'When Russian prices don’t conform, we buy from Iraq, the UAE, Saudi Arabia.'
17 January 2024, 04:12 IST
Russian crude faces delivery hurdles in India as sanctions bite
17 January 2024, 04:12 IST
Oil set for weekly gain as China demand trumps fears
Brent crude futures fell 31 cents, or 0.4 per cent, to $84.44 a barrel at 0412 GMT
03 March 2023, 06:51 IST
Oil set for weekly gain as China demand trumps fears
03 March 2023, 06:51 IST
Oil extends rally as EU members weigh Russian ban
Analysts said that there are additional concerns over OPEC+ output that could exacerbate supply concerns
22 March 2022, 06:45 IST
Oil extends rally as EU members weigh Russian ban
22 March 2022, 06:45 IST
Refiners gearing up to alter crude oil import mix
Indian refineries are designed to maximise diesel production mostly from Middle Eastern oil
24 September 2021, 10:13 IST
Refiners gearing up to alter crude oil import mix
24 September 2021, 10:13 IST
July oil imports hit 1-yr low on refinery maintenance
Crude imports in July fell 12.5% month-on-month to 3.4 million barrels per day
25 August 2021, 09:04 IST
July oil imports hit 1-yr low on refinery maintenance
25 August 2021, 09:04 IST
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