Oil Import: Get Latest News, Photos and Videos along with latest updates on Oil Import | Hindustan Times

oil import


Latest from oil import

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.

Refiners continue to snap up plentiful Russian cargoes available at a discount to other grades.(Representative image)
Published on Mar 05, 2023 12:48 PM IST

India can buy as much Russian oil as it wants, outside price cap, says US

US Treasury Secretary said Russian oil "is going to be selling at bargain prices and we're happy to have India get that bargain or Africa or China.

India is now Russia's largest oil customer other than China.(REUTERS)
Updated on Nov 12, 2022 09:48 AM IST
Reuters |

Russia becomes India's second-biggest oil exporter, trade sources

In May Indian refiners received about 819,000 barrels per day (BPD) of Russian oil, the highest thus far in any month, compared to about 277,00 in April, the data showed.

Higher oil imports from Russia, curbed OPEC's share in India's overall imports to 65% in April.(REUTERS)
Published on Jun 13, 2022 06:41 PM IST
Reuters |

 US secondary sanctions and petroleum imports: Safeguard India’s energy security

The study has been authored by Hari Seshasayee

The US has since become India’s fourth-largest supplier of oil, and India is the US’s largest export market globally for crude oil.(REUTERS)
Published on Apr 24, 2022 12:58 PM IST
ByHindustan Times

India's oil imports from US to rise by 11% amid criticism over Russia purchase

India oil imports: India buys most of its oil from the Middle East, but the US has emerged as the fourth-biggest source, Reuters said

A pumpjack of Wintershall DEA extracts crude oil at an old oil field in Emlichheim, Germany, Friday, March 18, 2022. AP/PTI(AP03_19_2022_000010B)(AP)
Updated on Mar 19, 2022 02:05 PM IST
Story Saved
Live Score
Saved Articles
My Reads
Sign out
New Delhi 0C
Thursday, May 30, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On