crude oil import

In the backdrop of an escalation in tension between India & Saudi Arabia, refiners IOC, HPCL and BPCL have decided to cut crude oil import from Saudi by 36%

The Odisha state government has accorded clearance to state-run Numaligarh Refinery Ltd’s (NRL) crude oil terminal coming up at Paradip

Even as PM has given a call for Atmanirbhar Bharat, India’s domestic crude oil production has recorded a consistent decline, increasing the country’s dependence on imports

In the backdrop of the historical drop in global crude oil prices, India’s crude oil import has fell by 63% in the first four months of the current financial year, said Dharmendra Pradhan