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The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

India should reduce or stop crude oil import from Iran: Moody's

US is working with countries that import Iranian oil to cut their purchases substantially.

27 Sept 2018 12:41 PM IST

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

Indian refiners may reduce oil imports as crude prices soar, rupee...

It is becoming a headache for Modi govt ahead of general elections next year.

24 Sept 2018 10:50 AM IST

Ralhan said that petroleum exports which has a major contribution in the exports basket has continued to growth with a positive growth of well over eight per cent. (Representational Image)

Export up 3.94 per cent in July; trade deficit widens to USD 11.44 bn

Cumulative export during April-July of 2017-18 rose by 8.91 per cent to USD 94.75 billion.

14 Aug 2017 6:25 PM IST

European oil firms jumped more than two per cent on the oil surge and helped the pan-regional STOXX50 index add 0.2 per cent, having just had its best week in exactly five years.

India's oil consumption to race past world's

Oil consumption will rise beom 4.1 million barrels per day in 2015 to 9.2 million bpd in 2035.

26 Jan 2017 2:22 PM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

India's oil imports from Iran plunge over gas field row

India plans to order about a quarter less Iranian crude due to a snub over development of Iran's Farzad B gas field.

15 Jun 2017 4:48 PM IST