oil import
Latest from oil import
Amid Israel-Iran tensions, why is Strait of Hormuz important for crude buyers?
The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption passes through it.
Updated on Jun 13, 2025 10:51 PM IST
HT News Desk | Edited by Asmita Ravi Shankar
India to give $647 million to support strategic reserve oil purchases in 2025-26
Indian Strategic Petroleum Reserve Ltd which manages federal oil inventories, operates 3 SPRs in southern India with a combined capacity of about 5 million tons
Published on Feb 01, 2025 04:27 PM IST
Reuters |
Singapore's jet fuel imports surge to multi-year highs, India leads supply
Singapore's jet fuel imports surge in December, reaching multi-year highs with India as the main supplier
Published on Jan 03, 2025 12:26 PM IST
Reuters |
India hikes edible palm, soyabean, sunflower oil import tax to support farmers
The move could lift edible oil prices and dampen demand and subsequently reduce overseas purchases of palm oil, soyabean oil, and sunflower oil
Published on Sep 14, 2024 09:33 AM IST
Reuters |
India's Russian oil imports highest ever in Feb at 1.6 million barrels a day
From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict in February 2022, Russia's share of India's imports rose to 1.62 million barrels per day in February, taking a 35 per cent share.
Published on Mar 05, 2023 12:48 PM IST
PTI |
