In a second straight day of losses, Brent crude closed down 29 cents, or 0.4 per…
Tag: crude oil imports
Domestic crude oil production at 2.5 MMT in May, imports increase 2%: PPAC
India produced a total of 2.5 million metric tonnes (MMT) of crude oil in May 2023,…
Brent at 6-month low, US stocks up, OPEC+ to increase production
New Delhi: Crude oil prices were under pressure on Thursday after a rise in US crude…
India’s fuel demand up 24% year-on-year in May
Last month’s growth was the biggest year-on-year jump since April 2021. Consumption also grew marginally by…
India’s Russian oil imports grew 50 times; Now accounts for 10% of all imports: Official
Image Source: File Photo Russian oil now makes up 10 percent of India’s oil import basket…
Russia becomes India’s second largest oil exporter, trade source
Russian grades accounted for about 16.5 per cent of India’s total oil imports in May By…
India to continue buying Russian crude oil: Report
India will continue to buy cheaper crude oil from Russia New Delhi: India will continue to…
Trade deficit widened in April due to increase in oil imports
An increase in crude oil imports pushed India’s goods import bill to $60.3 billion in April,…
India’s crude oil imports rise in March, demand improves
India’s crude oil imports rose nearly 4.2% to 19.03 million tonnes in March, government data showed…