Category : Search result: December crude imports


India imposes 3-year safeguard duty on steel imports

India has imposed safeguard duties on certain steel imports for three years to protect domestic manufacturers from a surge in low-cost supplies, primarily from China. The duty starts at 12% and will gradually decrease.

Oil Set for Deepest Annual Loss Since Pandemic, Down 20%

Crude oil prices are on track for their steepest annual decline since 2020, with a 20% drop this year. Key factors include a looming surplus, OPEC's upcoming meeting, and geopolitical tensions. Read the full analysis.

Russian Oil to India Plunges to 3-Year Low

India's Russian oil imports crash to a 3-year low of 1.1M bpd in Dec 2025 as US sanctions bite. Reliance pauses buys, state refiners tread cautiously. What's next for India's energy security? Read more.

India's Russian Crude Imports Fall in December

India's Russian crude imports are expected to fall to 1.2 million barrels per day in December, down from November. However, the trade relationship remains structurally strong despite the monthly decline.

India's Oil Import Bill Falls 12% as Crude Prices Dip

India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.

Oil Rises on Geopolitical Tensions, Supply Fears

Oil prices rose over 0.9% in early Asian trading as Middle East tensions and Russia-Ukraine conflict fueled supply disruption fears. Key details on price movements and analyst insights inside.

India's Russian Oil Imports Defy US Sanctions in Dec

Despite US sanctions on Rosneft & Lukoil, India's Russian crude imports show resilience, expected to exceed 1.2 million bpd in December. Discounts and non-sanctioned entities fuel the robust trade.

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.

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