Tag: india oil imports
Oil and gas import bill rises 20% to $69b in H1 of FY25
New Delhi: India’s net oil and gas import bill rose a fifth to $69 billion in the first half of the current fiscal year as…
crude oil: India’s Russian oil imports rise 11.7% in September, data shows
India’s crude oil imports from Russia rose by 11.7% to about 1.9 million barrels per day (bpd) in September, accounting for about two-fifths of the…
Revenue over relief? Govt has room to cut customers some slack over oil prices, or choose to swell its own pocket
The recent sharp decline in oil prices may enable the Indian government to bolster its finances by increasing excise duty while offering partial relief to…
India’s August Russian oil imports slip 18% from July, tanker data show
By Nidhi Verma India’s August Russian oil imports slip 18% from July, tanker data show NEW DELHI, Sept 23 – India’s monthly oil imports from…
Crude from heavily sanctioned nations now make up a third of India & China’s total oil imports
The global oil map is being redrawn as the long-run impact of western sanctions channels more barrels from Russia to Asia’s largest economies, with China…
India, Russia settling some non-oil trade in rupees: Top UCO Bank official
India and Russia have been settling some of their non-oil trade in rupees since the beginning of this year, said a top official at state-run…