Tuesday, Jun 25, 2024 | Last Update : 07:10 AM IST

oil import Page-3

India's Iranian oil imports in June fall 15.9 per cent in June: sources

In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May.

11 Jul 2018 11:30 AM

In response to US push, India preparing for cut in oil imports from Iran: report

Sources said India, the 2nd biggest buyer of Iranian oil, will be forced to take action to protect its exposure to US financial system.

28 Jun 2018 5:06 PM

India looks to revive rupee payment system for Iran oil imports: sources

India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran.

23 Jun 2018 11:43 AM

GST won’t stop oil price fluctuations: Economic advisor

GST will not prevent price fluctuations as India is a massive importer of crude.

11 Jun 2018 9:11 AM

BPCL seeks extra Iran oil amid sanctions threat

So far India’s oil imports and payment mechanism have not been hit by the threat of US sanctions.

02 Jun 2018 11:18 AM


Reliance to halt oil imports from Iran: sources

In 2017, Reliance’s oil imports from Iran surged by about 45 per cent to 67,000 bpd, according to ship tracking data.

31 May 2018 10:51 AM

Indian Oil to turn to traditional suppliers to meet Iran oil shortfall

IOC plans to buy 140,000 bpd of Iranian oil in 2018-19 and has an option to buy an additional 40,000 bpd.

23 May 2018 10:20 AM

Asia oil thirst tab USD 1 trillion a year as crude rises to USD 80

Oil prices have gained 20 per cent since January to just shy of $80 per barrel, a level not seen since 2014.

17 May 2018 11:48 AM

Oil rises more than 1 pc as Saudi says production curbs could last into 2019

US President Donald Trump signed a memorandum that could impose tariffs on up to $60 billion of imports from China.

23 Mar 2018 11:38 AM

First US oil shipment to India arrives at Paradip

MT New Prosperity, with a capacity to haul two million barrels of crude, left the US on August 19 and arrived at Paradip on Monday.

02 Oct 2017 5:07 PM


Export up 3.94 per cent in July; trade deficit widens to USD 11.44 bn

Cumulative export during April-July of 2017-18 rose by 8.91 per cent to USD 94.75 billion.

14 Aug 2017 6:25 PM

India's oil imports from Iran plunge over gas field row

India plans to order about a quarter less Iranian crude due to a snub over development of Iran's Farzad B gas field.

15 Jun 2017 4:48 PM

India's oil consumption to race past world's

Oil consumption will rise beom 4.1 million barrels per day in 2015 to 9.2 million bpd in 2035.

26 Jan 2017 2:22 PM