Latest News on Oil Imports
Showing of 0 - 10 from 61 results
Oil Imports - Total results - 61
Jan 15, 2019
Exports up marginally to $28 bn in December on slump in engineering, gems and jewellery sector growth; gold imports declineThe country's exports grew marginally by 0.34 percent to $27.93 billion in December 2018 on account of negative growth in sectors such as engineering and gems & jewellery, according to a commerce ministry data
Jan 14, 2019
Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60Petrol and diesel prices increased by up to 40 paise and 53 paise respectively in major cities across the country mainly due to weak rupee and crude rise during the last week.
Dec 14, 2018
Exports remain flat at $26.5 bn in November; trade deficit widens to $16.6 bn: Commerce ministryThe deficit widened despite a steep decline of 15.6 percent in gold imports at $2.75 billion during the month under review.
Nov 30, 2018
Iran oil imports by major Asian buyers plunge to five-year low in Oct ahead of US sanctionIndia’s imports of Iranian oil dropped the least, falling just 0.2 percent from the same month last year to 466,400 bpd.
Nov 15, 2018
Exports up 17.86% in October at $26.98 bn, trade deficit widens to $17.13 bn: Commerce ministry dataDuring the April-October period of the current fiscal, exports grew by 13.27 percent to $191 billion.
Nov 03, 2018
Donald Trump says US open to new deal with Iran, but 'toughest ever' sanctions will continue until then"The United States remains open to reaching a new, more comprehensive deal with Iran that forever blocks its path to a nuclear weapon, addresses the entire range of its malign actions, and is worthy of the Iranian people," Trump said in a presidential statement late Friday night.
Oct 11, 2018
Donald Trump says US will 'take care' of countries that continue to buy oil from Iran after sanctions come into forceDonald Trump had pulled the US out of the 2015 nuclear accord, saying it had "failed to achieve the fundamental objective of blocking all paths to an Iranian nuclear bomb"
Oct 04, 2018
Country facing 'economic crisis' due to crude imports, says Nitin Gadkari; blames OPEC countries for oil price hikeIndia is the third largest importer of crude oil and rising international oil prices are inflating domestic transport fuel costs in a strong demand environment.
Sep 27, 2018
India should reduce or stop crude oil import from Iran, increase dependence on Saudi Arabia, Iraq: Moody'sIndian refiners will either have to significantly reduce or completely stop importing crude oil from Iran over the next month, increasing their dependence on other West Asian suppliers like Saudi Arabia and Iraq, Moody's Investors Service said.
Sep 26, 2018
India considers reducing crude oil imports, relying on stockpile after traders forecast prices to rise to $100 a barrelThe soaring crude oil prices are occurring at the same time emerging market currencies, such as India's rupee, are under pressure. That combination means Indian crude imports are 47 percent more expensive this year in rupee terms.