Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.

Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...

India’s imports of crude oil from the US rose sharply by nearly 34% on a month-on-month basis in April as the country ramped ...

India imported 85,000 bpd more crude from the US in April than in March, mostly on VLCCs, Braemar said. The country also ...

This is in line with India’s stated position to enhance annual energy imports from the US to $25 billion from $15 billion currently. Both crude oil and liquefied natural gas (LNG) purchases from ...

This may slightly temper flows post-May,” Ritolia added. India’s crude oil imports in April 2025 held firm near 4.92 mb/d, with Russia reaffirming its dominance, he said adding, Iraq retained ...

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import ...

Importers, meanwhile, are happy with where prices are ... While its cheap crude oil imports kept booming, India’s economic growth has been quite strong, too—despite a projected slowdown ...

Edible oil imports in March 2025 fell to 9,70,602 tonne from 11,49,681 tonne in the year-ago period. Crude sunflower oil imports plunged to 1,90,645 tonne last month from 4,45,723 tonne in March 2024.

India’s total crude oil imports in April are expected to reach approximately 5.2 -5.3 million barrels per day, as per Kpler data. (Reuters) India’s import of Russian oil touched its highest ...

India’s edible oil imports declined sharply by 15% on year to 0.97 million tonne (MT) in March, primarily due to decline in palm oil imports. In the first five months of the oil year (November ...