crude oil imports

Govt in a huddle over oil import choices as Center East tensions escalate

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With sharp escalation in tensions within the Center East since final weekend’s unprecedented Iranian missile assaults on Israel, the Indian authorities is in a huddle over what its technique on oil imports must be and the options it might discover in case of provide disruptions in West Asia and continued volatility in oil costs, sources … Read more

India’s crude oil imports from Saudi Arabia at a 4-month excessive in February

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India’s crude oil imports from its conventional supply, Saudi Arabia, inched as much as a 4 month excessive in February 2024 at greater than 8,33,590 barrels per day (b/d). It was aided by softening costs of Saudi Arabia’s flagship grade, Arab Gentle and declining variety of vessels ferrying Russian crude oil because of tightening sanctions … Read more