INDIA CRUDE IMPORT
EAM Jaishankar defends India's crude oil imports from Russia, says can't afford higher energy prices, duty to ensure best deal External Affairs Minister S Jaishankar who is in Thailand to attend the 9th India-Thailand Joint Commission Meeting defended India's crude oil imports from Russia by terming it the "best deal" for the country. Addressing the Indian community in Bang...
17 Aug, 2022, 12.23 PM ISTIndia imports 85% of its crude oil: Sources Sources suggest that India is highly dependent on imports for meeting its energy requirements. Nearly 85% of our crude oil requirement (5 million barrels a day) has to be imported. Srinjoy with the details.India imports 85% of its crude oil: Sources
18 Mar, 2022, 03.01 PM ISTWatch: How much does Russia crude at $35-discount for India actually cost? Russia has offered to sell crude to India at $35-discount to pre-war pricing levels. What does it mean for India which is a major oil importer and how it will impact our finances? Soumeet Sarkar gives the details.Watch: How much does Russia crude at...
01 Apr, 2022, 05.58 PM IST
Times Now Summit 2022: G7 price cap on Russian oil doesn't affect India's energy security, says Hardeep Puri India has diversified its sourcing of crude oil and is not worried about the proposed price cap on Russian oil, said Hardeep Singh Puri, Union minister for petroleum and natural gas, and housing and urban affairs.Times Now Summit 2022: G7 price cap ...
25 Nov, 2022, 12.36 PM ISTFM Sitharaman on Russian crude oil imports: Respect PM Modi's courage for raising it by 10% Speaking at a function, Finance Minister Nirmala Sitharaman said that it was due to the "statesmanship of Prime Minister Narendra Modi" that, while keeping up the relations with all countries, India managed to get the Russian crude. The Finance Mini...
09 Sep, 2022, 06.49 PM ISTIndia allows duty-free imports of crude soyabean and sunflower oil to tame inflation India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil for the current and the next fiscal year to March 2024, a government order said on Tuesday, as part of efforts to keep a lid on local prices. Trade ...
24 May, 2022, 11.32 PM ISTIndia-China buyers club: How two biggest importers are manoeuvring to cut OPEC to size The old power structure of world oil markets could be on the verge of a potentially far-reaching shift. India and China, the two biggest importers of crude oil, have neared a deal to set up a buyers' bloc that may tilt bargaining power in importers'...
01 May, 2019, 12.26 PM ISTIndia's oil import bill to go up by $25-50 bn this fiscal: DEA Secy India's oil import bill to go up by USD 25-50 billion; in 2017-18 it was USD 72 billion; no downward revision of GDP growth; don't see any impact on oil subsidy bill as of now; rising oil prices a concern; govt is watching the situation and adequate...
18 May, 2018, 06.52 PM ISTIndia’s crude oil import bill for current fiscal may fall 45% India's crude oil import bill for the current fiscal is likely to be $62 billion, nearly half of the previous year's, as prices continue to tumble due to supply glut.India’s crude oil import bill for current fiscal may fall 45%
22 Feb, 2016, 06.58 PM ISTCrude oil demand to remain high in India, China: BP Crude oil demand to remain high in India, China: BP
02 Mar, 2012, 08.13 PM ISTIndia seeks increase in crude oil supply from Saudi Arabia India seeks increase in crude oil supply from Saudi Arabia
23 Feb, 2012, 06.53 PM IST