India’s crude oil import bill falls, but import dependency hits new high

Data from the Oil Ministry showed that India paid $132.4 billion for oil imports in FY24.…

India to overtake China as oil demand growth centre in 2027: IEA

India is the third largest consumer of oil behind the US and China and this demand…

India’s Russian oil imports drop due to pricing, not due to payment woes

India’s oil imports from Russia fell due to unattractive pricing, Oil Minister Hardeep Singh Puri has said.…

Russia surpasses Saudi Arabia to become second largest crude oil supplier to India

Amid rising fuel demand in India and high crude oil prices in the global market, Russia…

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…

India wants to boost oil imports from Brazil – report

India seeks to import oil from Brazil under special long-term contracts By Reuters , Updated: 26-Apr-22…