India’s total crude oil imports for FY19 was marginally down to 209.4 million tonne.
Read More »China and India to Form New Bargaining Bloc for Oil Imports
The alliance between the two Asian countries is likely to bode well for other Asian oil importers too.
Read More »China. India to Form Buyer’s Bloc That Favors Importers
Nations in Asia are mostly dependent on West Asian producers for their demand for oil.
Read More »New US Decision not to Impact Chabahar Project
The US decision to end waivers for purchase of crude oil from Iran will not impact the Chabahar port project being developed by India. a US State Department official has told PTI news agency.
Read More »Aramco to Buy Stake in Refining Business of India`s Reliance
Aramco is expanding its refining and petrochemical business globally.
Read More »India`s Iran Oil Imports up 5% YoY despite US Sanctions
India'.s waiver allowed the country to continue to buy about 300.000 bpd Iranian oil until early May.
Read More »US Appreciates India`s Efforts to Cut Oil Imports from Venezuela
The US. along with 50 other countries recognized Guaido as the legitimate President.
Read More »US Pressures India to Stop Buying Oil from Venezuela
The Indian market is crucial for Venezuela’s economy.
Read More »India Seeks Saudi Investments to Bolster Crude Reserves
India has already built 5.33 million tons of underground reserves in three locations.
Read More »India`s Upcoming General Election is Good News for the Oil Market
The largest democratic exercise on Earth is set to give the oil market a shot in the arm.
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