Asia's crude oil imports drop in 2024 as weak China weighs
Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China ...
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India’s Newest LNG Import Terminal Welcomes Its First Cargo
India's Hindustan Petroleum Corporation Limited (HPCL) has received its first LNG cargo at its newly commissioned import ...
India increases crude imports from Middle East as Russian supply declines further
As less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the ...
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BP to Help India Boost Production at Its Largest Oilfield
India's state-owned oil company ONGC has selected BP as the technical services provider to enhance production at Mumbai High, ...
India’s import dependency to increase in FY25 as oil production declines
Fitch Ratings projects India's crude oil production decline in FY25, leading to higher import dependency, with growth ...
Gold import revision trims India’s record Nov trade deficit by $5 billion
India’s trade deficit for November was revised downward to $32.8 billion, with gold imports adjusted to $9.8 billion. This ...
Despite getting discount, India is importing maximum crude oil from this Muslim nation, replacing Russia; not Saudi Arabia, Iran, UAE, the country is…
India imports most of its crude oil from Russia and Saudi Arabia, but the share of imports from United Arab Emirates and Iraq ...
Textiles exports a silver lining as India’s trade deficit widens
New Delhi: India’s textiles sector has emerged as a beacon of resilience and growth, recording an impressive 36.65% increase ...
India's crude imports could face problems in 2025 due to geopolitical risks
The US Energy Information Administration predicted global oil price benchmark Brent to average $73.58 per barrel in 2025 in ...