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Tag: India crude oil imports

India’s crude oil, LNG imports surge in May although bill continues to stay elevated

Posted on June 17, 2026 By admin
India’s crude oil, LNG imports surge in May although bill continues to stay elevated

Representational file image. | Photo Credit: Reuters In the third full month (May) of the West Asia crisis this year, India’s imports of crude oil surged nearly 7.5% from April, whilst that of liquified natural gas (LNG) increased about 16%. However, the country’s import bill for crude oil surged 14.7% and that of LNG more…

Read More “India’s crude oil, LNG imports surge in May although bill continues to stay elevated” »

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India imported 4.3% less crude oil in April this year, yet the bill still doubled as prices soar

Posted on May 21, 2026 By admin
India imported 4.3% less crude oil in April this year, yet the bill still doubled as prices soar

 India’s oil-marketing companies paid $16.3 billion for their imports in April this year as compared to $10.7 billion they had paid in the same month last year. File photo for representational purposes only. | Photo Credit: Reuters The volume of India’s imports of crude oil fell 4.3% in April 2026, the second month after the…

Read More “India imported 4.3% less crude oil in April this year, yet the bill still doubled as prices soar” »

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