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INDIA OIL IMPORTS
MP & former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people & keeping global energy prices under controlHarsh Vardhan Shringla has defended India’s Russian oil imports, warning that stopping purchases could push up global energy prices and und...- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- Black Sea attacks hit yellow peas, sunflower oil supplies to IndiaRussia's exports of yellow peas and sunflower oil to India have been disrupted by ongoing conflicts. As a result, prices for yellow peas ha...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
- Russian crude deliveries to India crossed $43 billion in 2025 and rose 25% in the first half of 2026Russia is strengthening its role as a key energy partner for India, supplying about half of its oil imports, with crude purchases exceeding...
- School assembly news headlines, October 8, 2026: Check national, international, business, sports updatesToday’s school assembly will provide students with critical updates on national, international, and sports news. RBI raised the repo rate b...
- India-bound sunflower oil cargoes face cancellation, delays as war disrupts Russian shipmentsThe Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...
- RBI Policy: Complex oil math explains rise in FY27 inflation estimatesThe Reserve Bank of India revised its crude oil price projections for the fiscal year 2026-27. This adjustment has led to increased inflati...
- Ambani's Reliance drives India’s Venezuela oil imports to seven-year highIndia is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...
- India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil risesIndia’s sunflower oil imports fell 36% in September to their lowest level in more than four years as the Ukraine war disrupted Black Sea sh...
- India’s BPCL plans $3 billion bond sale to fund Brazil oil betBharat Petroleum Corp. plans to raise up to $3 billion through international bonds, mainly funding its $2.8 billion contribution to Brazil’...
- Rupee headed to 100? How much the psychological red line mattersIndia's rupee has slipped past ₹96 as high US Treasury yields, elevated oil prices and foreign portfolio outflows strengthen the dollar. Th...
- Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
- India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
- Russian crude to remain part of energy mix: Jaishankar to PanelAs traditional oil suppliers face challenges, India's significant reliance on Russia for crude oil came into focus. External Affairs Minist...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...
- India's sunflower oil imports seen up 30% on duty cut, industry official saysIndia’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...
- India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
- India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
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