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After PM's visit to US, oil secy says India to cut Iran oil imports by 15%

Oct 01, 2013

After PM's visit to US, oil secy says India to cut Iran oil imports by 15%

India aims to cut Iranian crude imports by 15 percent this fiscal year, the oil secretary said on Tuesday, differing from the oil minister who recently said he wanted to hold the shipments at last year's levels. #Manmohan Singh #oil #NewsTracker #Veerappa Moily #Vivek Rae #Iran oil import
Why Moily's idea of buying oil from Iran won't work

Sep 02, 2013

Why Moily's idea of buying oil from Iran won't work

If the United States could pressurise India into cutting down its oil purchases from Iran in March 2012, it can do the same in September 2013. #United States #Dollar #ConnectTheDots #Veerappa Moily #Iran #Saudi Arabia #Rupee fall #Iran oil import
Dear Moily, India needs oil deregulation, not petrol pump curfew

Sep 02, 2013

Dear Moily, India needs oil deregulation, not petrol pump curfew

How can anyone take seriously a Government that allows this perversity in the face of runaway current account and fiscal deficits? Veerappa Moily is on slippery ground, just like his populist Government which seems determined to worsen, rather than improve, its own credibility and India's economic crisis. #Economy #Manmohan Singh #ConnectTheDots #fiscal deficit #Veerappa Moily #Oil Minister #Petrol pump #Iran oil import
India to get third US waiver from sanctions on Iran imports?

May 24, 2013

India to get third US waiver from sanctions on Iran imports?

India has made "tremendous progress" in reducing oil imports from Iran, a senior US government official said on Friday, in a sign the South Asian nation is likely to get a third waiver from sanctions imposed by Washington against Tehran's nuclear programme. #India #NewsTracker #Iran #Iran oil imports
Disruption in Iran oil supply will make crude costlier: IMF

Mar 20, 2012

Disruption in Iran oil supply will make crude costlier: IMF

India heavily depends on import for its crude oil requirement. The country imports 110-120 million tonnes of oil every year. #IMF #NewsTracker #Christine Lagarde #Iran oil

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Disruption in Iran oil supply will make crude costlier: IMF

Sep 18, 2014

Demand lull saps gasoline prices

Crude oil prices that continue to soften despite current conflicts in Iraq and Ukraine are pushing down the price of retail gasoline, energy analysts said Wednesday. Retail gas prices also are dropping as refiners transition to winter-blend fuel and ... #Iraq #Iran #Texas #Saudi Arabia #Europe #New York Mercantile Exchange #OPEC #Phil Flynn #Energy Information Administration
Disruption in Iran oil supply will make crude costlier: IMF

Sep 12, 2014

Nuclear energy tops Russia, Iran agenda

Daniel J. Graeber MOSCOW, Sept. 12 (UPI) -- Though oil and gas are on the agenda, an aide to the Kremlin said work on nuclear energy was one of the more important issues during talks Friday with Iran... #Iraq #Iran #Texas #Saudi Arabia #Europe #New York Mercantile Exchange #OPEC #Phil Flynn #Energy Information Administration
Disruption in Iran oil supply will make crude costlier: IMF

Sep 15, 2014

Iran rejects global coalition to fight Islamic State militants

PARIS—As diplomats from around the world sought a global strategy to fight Islamic State extremists, Iran ruled out working with any international coalition, saying it had rejected American requests for co-operation against the militants. More on the... #Syria #Iraq #Iran #Paris #Ali Khamenei