Sunday, Oct 25, 2020 | Last Update : 01:52 AM IST

oil imports

China's crude imports from Saudi hit fresh high in June

Imports from Saudi Arabia rose to 8.88 million tonnes or 2.16 million bpd in June

26 Jul 2020 4:17 PM

India's oil imports in May sink to lowest in over 8 years

Indian refiners in April filled tanks with cheaper oil, sold extra cargoes to the federal government for strategic reserves

24 Jun 2020 10:29 AM

India plans to hike edible oil import taxes to boost local supply

India currently levies 37.5% and 45% import tax respectively on crude and refined palm oil

09 Jun 2020 9:00 AM

India's crude oil imports fall, product exports surge in April

Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months

23 May 2020 9:22 AM

Trump signals possible tariffs on oil imports amid low prices

Oil prices have dropped by about two-thirds this year as the COVID-19 pandemic has hammered demand

06 Apr 2020 10:17 AM

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We are committed to meet India's energy security needs: Saudi envoy

Yemen's Houthi terror group took responsibility for biggest-ever attacks on Saudi oil facilities which severely impacted global oil supply.

22 Sep 2019 6:01 PM

Govt plans extra tax on vegetable oil imports to boost domestic output: sources

India currently imposes a 40 per cent import tax on crude palm oil and 50 per cent on refined palm oils.

26 Aug 2019 11:19 AM

No plan to completely ban petrol and diesel vehicles: Dharmendra Pradhan

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

17 Jul 2019 12:39 PM

Hopeful India will act in its national interest: Iran on oil imports

Mike Pompeo had said India has made 'hard choices' to cut off oil imports from Iran.

03 Jul 2019 9:20 AM

India will decide Iran oil imports after polls: Govt

The Iranian foreign minister paid a brief visit to New Delhi on Tuesday to hold talks with Ms Swaraj.

15 May 2019 5:46 AM

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Crude oil futures fall by Rs 70 amid weak trend overseas

The oil for delivery in June also fell by Rs 64, or 1.37 per cent, to Rs 4,592 a barrel in 695 lots.

26 Apr 2019 4:15 PM

India's crude oil production falls by 4.15 pc in 2018-19

Falling domestic crude oil production has pushed up India’s oil imports to nearly 84 per cent of total consumption.

26 Apr 2019 12:00 PM

Exports grow 11 per cent in March; trade deficit narrows

Trade deficit narrowed to USD 10.89 billion as compared to USD 13.51 billion in the same month last year.

15 Apr 2019 7:59 PM

Country facing 'economic crisis' due to crude oil imports: Gadkari

Rising international oil prices are inflating domestic transport fuel costs in a strong demand environment.

04 Oct 2018 4:23 PM

US may supply oil to India to bridge gap post-Iran sanctions

Proposal came at 2+2 meeting; transportation cost an issue.

24 Sep 2018 2:31 PM

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India's oil import bill to jump by USD 26 billion on rupee woes

If the rupee is to stay around 70 per dollar for the rest of the ongoing fiscal, the oil import bill will be USD 114 billion.

16 Aug 2018 2:36 PM

Govt aims to cut oil imports by Rs 120 billion by using biofuels: Modi

It plans to invest 100 billion rupees and would build 12 biofuel refineries.

10 Aug 2018 11:56 AM

Govt sets up high-level task force to find out ways to reduce import

On an average, India's imports stand at around USD 450 billion per year.

12 Jul 2018 4:36 PM

No waivers for countries like India: US on reducing oil imports from Iran

Washington is stepping up pressure on all countries, including India and China, to completely stop buying oil from Iran by November 4.

03 Jul 2018 4:20 PM

India preparing for cut in oil imports from Iran

Dharmendra Pradhan told reporters in Mumbai that the country would attend to its interests while deciding on oil imports.

29 Jun 2018 11:31 AM

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