Crude Oil Imports News

India expanded its crude sourcing to 31 countries during the Iran war, but supply concentration increased significantly as Russia's share surged to 47%, despite

Indian Oil Corporation (IOC) increased LPG production by nearly 30% and kept refineries above full capacity to counter disruptions from the Strait of Hormuz. Ch

Escalating geopolitical tensions between the US and Iran, marked by military strikes, have caused crude oil prices to rise by 2%. This situation poses a signifi

India's crude oil import bill increased by 26% to $49 billion in Q1 FY27, despite an 18% fall in import volumes, primarily due to higher global oil prices and s

India's primary energy import dependence has decreased to 42% by FY25, though crude oil imports still meet nearly 90% of domestic demand. Natural gas import dep

India's crude oil import bill reached nearly $50 billion in Q1FY27, accounting for 40% of the previous fiscal year's total, driven by the loss of war-era discou

WPI inflation has risen to 9.87%, reflecting the impact of the West Asia conflict and the effective blockade of the Strait of Hormuz, which has also led to a sp

India, heavily reliant on crude oil imports, has promoted compressed biogas initiatives to enhance energy security. Despite these efforts, progress has been lim

Despite the government's push for ethanol-blended fuels, only four flex-fuel passenger vehicles have been registered in Delhi since the technology's recent mark