Thursday, Dec 03, 2020 | Last Update : 11:22 PM IST

oil import

Nepal's refiners struggle as India stops refined palm oil imports

Palm oil stockpiles in Nepal have swelled to 70,000 tonnes, overwhelming local demand needs, said Sarda

22 Jul 2020 11:42 AM

Oil falls for sixth day as China virus raises global growth, demand concerns

Oil investors are concerned travel advisories, other restrictions and any sizable impact on growth.

28 Jan 2020 11:41 AM

India's oil demand growth set to overtake China by mid-2020s: IEA

India’s oil demand is expected to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017.

10 Jan 2020 11:38 AM

India's November oil import growth fastest in seven months: report

India’s November oil imports rose 12.7 per cent to 19.17 million tonnes (about 4.7 million barrels per day).

25 Dec 2019 10:55 AM

Saudi oil prices for Asia expected to jump in November after attack

Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.

03 Oct 2019 10:54 AM

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Saudi Aramco tells Indian refiner it will get oil: source

Aramco has lost half of its production capacity after attacks on its facilities on Saturday.

16 Sep 2019 8:47 AM

Oil prices gain after bigger-than-expected fall in US stockpiles

Iran’s oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.

11 Sep 2019 10:37 AM

Highly gratified by cooperation from ‘great friend’ India on Iran: US

India, which has galloping energy needs, went out of its way to co-operate with the United States.

01 Aug 2019 10:27 AM

Indian consumers face post-election fuel price shock, economy could be hit

India’s oil import bill rose by nearly one-third in the fiscal year ending Mar 31 to USD 140.5 bn, against USD 108 bn.

27 Apr 2019 11:26 AM

India to stop importing oil from Iran; make up lost volumes from alternate sources

India is likely to press with the US government for continuation of beyond its expiry on May 2.

23 Apr 2019 2:16 PM

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US to end all waivers on imports of Iranian oil, crude price jumps

United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions.

23 Apr 2019 12:12 PM

Oil prices extend losses despite surprise drop in US inventories

US West Texas Intermediate (WTI) crude futures were at USD 63.67 per barrel, down 9 cents, or 0.1 per cent.

18 Apr 2019 9:10 AM

Oil prices extend losses as oversupply worries drag

US West Texas Intermediate (WTI) crude futures were at USD 63.32 per barrel, down 8 cents, or 0.13 per cent.

16 Apr 2019 10:57 AM

Oil slips from 5-month highs as economic worries counter tight market

International benchmark Brent futures touched their strongest level since last November at USD 71.34 per barrel.

09 Apr 2019 9:34 AM

Reliance says not breaching US sanctions against Venezuela

Reliance’s few transportation fuel shipments to Venezuela, treated as offsets for crude oil receipts.

23 Mar 2019 10:16 AM

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Oil near 2019 highs on OPEC supply cuts, US sanctions

Brent crude oil futures were up 10 cents at USD 67.64 per barrel, also close to this year’s peak of USD 68.14 reached late last week.

19 Mar 2019 10:44 AM

Oil slips on economic slowdown, but OPEC-led cuts still support

OPEC’s de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were still high.

18 Mar 2019 10:25 AM

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver: sources

India has reduced its purchases of Iranian oil but has been in talks on extending its sanctions waiver.

07 Mar 2019 4:13 PM

Oil edges up on OPEC cuts, US sanctions against Venezuela and Iran

US crude oil production remained at a record 12.1 million bpd, an increase of more than 2 million bpd since early 2018.

07 Mar 2019 10:54 AM

Oil falls on rising US production, stockpile build

International Brent futures were down 55 cents, or 0.8 percent, at USD 65.31 a barrel.

06 Mar 2019 10:31 AM

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