[

oil import

]

Latest from oil import

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)
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
Copy Link
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)
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
Copy Link
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)
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
Copy Link

India doubles down on move to procure crude oil from Russia

  • Russia has offered crude oil and other commodities at discounted rates to India after the US and its allies imposed sanctions on Moscow following President Vladimir Putin’s decision to invade Ukraine last month.
Russia has so far exported 360,000 barrels of oil a day to India in March alone. (AP Photo)
Russia has so far exported 360,000 barrels of oil a day to India in March alone. (AP Photo)
Updated on Mar 20, 2022 03:52 AM IST
Copy Link
By, New Delhi

Chinese reliance on Middle East oil increases: Report 

Despite China's effort to get an “ecological civilization” that relies more on renewable energy, its reliance on Middle East oil has increased. 
Considering China's dependence on foreign suppliers for oil remains in excess of 70 per cent, Chinese fears of such disruptions to the energy supply chain will only grow.(AP)
Considering China's dependence on foreign suppliers for oil remains in excess of 70 per cent, Chinese fears of such disruptions to the energy supply chain will only grow.(AP)
Published on Dec 31, 2021 05:43 PM IST
Copy Link
ANI | , China
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, July 01, 2022