Category : Search result: oil imports growth


India Secures Soy Oil Ahead of Palm Price Surge

Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.

India's Russian Oil Imports Drop 47% in December

India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.

India's Russian Oil Imports Hit 5-Month High

India's Russian oil imports surge to five-month peak in November as President Putin prepares December visit. Get latest updates on energy diplomacy and trade relations.

China rapidly fills oil reserves amid price slump

China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.

India: Market Dynamics Guide Our Russian Oil Purchases

India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.

Indian refiners tap spot markets to replace Russian oil

India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.

HPCL-Mittal Energy halts Russian oil imports

HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.

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