Tag: Crude Oil

India’s Crude Oil Imports from US Jump 51% After Trump’s Return to White House: Sources

Between January and June 2025, India’s imports of US crude rose by 51% compared to the same period last year—surging from 0.18 million barrels per day (mb/d) in early 2024 to 0.271 mb/d this year.

August 3, 2025

Global energy supply adequate despite regional conflicts, says Petroleum Minister

The minister highlighted India's expanding role in global energy forums, particularly noting the country's recent participation in the OPEC seminar for the first time.

July 15, 2025

Trade deficit likely narrowed further in June amid cooling oil prices, sluggish gold imports: Report

India imported 4.66 million barrels per day (mbpd) of crude in June, slightly down from 4.72 mbpd in May, according to Vortexa.

July 13, 2025

China Announces Retaliatory Tariffs on U.S. Goods, Including Coal, LNG, and Crude Oil

China's Ministry of Finance issued a statement outlining that the new tariffs will be implemented in accordance with Chinese law and international trade principles.

February 4, 2025