Definition: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Oil - imports map
India skips Iran oil imports in March under US pressure
IN - 3/31/2015 12:12:47 PM
Singapore/New Delhi: India has bought up to 80,000 tonnes of Australian wheat in recent deals, three trade sources said on Tuesday, the biggest such imports by the country in five years as unseasonal ... New Delhi: India halted oil imports from Iran for ...
These 2 emerging giants are the biggest beneficiaries of cheap oil
The Business Insider - 3/27/2015 8:17:08 PM
India is the fourth largest global consumer of oil in the world. Since the country imports around 80% of its total crude oil requirement, cheap oil has drastically reduced India’s import bill and current account deficit from the previous years.
Make India energy sufficient, cut imports: PM Modi
Post - 3/27/2015 12:24:41 PM
New Delhi: Pitching for an energy sufficient India, Prime Minister Narendra Modi on Friday said the country should cut oil imports by 10 percent by 2022 ... Also Read: DBT scheme for LPG subsidy biggest in the world: Pranab Mukherjee Since the government ...
PM Modi says India should try to cut oil imports by 10 pct in 2022
Sify - 3/27/2015 7:09:43 AM
India imports about 80 percent of its daily crude oil requirements, making it a major contributor to the country's import bill. (Reporting by Nidhi Verma; Writing by Malini Menon; Editing by Prateek Chatterjee)
The saga of oil price decline
Financial Express - 3/28/2015 1:17:47 AM
One of the most significant macroeconomic developments during 2014-15 has been the steep decline of crude oil ... The World Bank data brings out the fact that in, 2012, around 47.5% of remittances were received in India from the West Asian countries ...
Venezuela Cuts Oil Subsidies To Caribbean Nations
Florida's Wuft-FM - 3/31/2015 6:07:42 AM
Low oil prices are forcing Venezuela ... neighbors that are dependent on energy imports. Petrocaribe was created a decade ago by late Venezuelan president Hugo Chavez. It provided subsidized oil to countries such as Belize, Haiti and Jamaica.
Venezuela, with world's largest reserves, imports oil
USA Today - 11/2/2014 5:11:11 PM
(Photo: Ariana Cubillos, AP) CARACAS, Venezuela — For the first time in its 100-year history of oil production, Venezuela is importing crude — a new embarrassment for the country with the world's largest oil ... Having to import oil is a tremendous ...
India makes first crude oil purchase for strategic reserve
Rediff India Abroad - 3/29/2015 11:56:40 PM
India's fast-growing economy has become the world's ... refiner Indian Oil Corp bought a 2 million barrel cargo of Iraqi crude from Chinese trader Unipec, which will load in May for shipping to the first stage of India's SPR on the country's east coast.
U.S. should start drilling in Arctic, oil council says
Portland Press Herald - 3/28/2015 3:48:06 AM
The U.S. has drastically cut imports and transformed itself into the world’s biggest producer of oil and natural gas by tapping huge reserves in shale rock formations. But the government predicts that the shale boom won’t last much beyond the next decade.
Exclusive: India makes first crude oil purchase for strategic reserve
Reuters - 3/30/2015 1:54:11 PM
Oil ... as the country completes construction of the next phase. Two SPR sites, at Padur and Mangalore on India's west coast, will have a capacity of 29.3 million barrels and are expected to be ready by October. India is heavily reliant on fuel imports ...
Amid Yemen chaos, China keeps oil shipments flowing
Economic Times - 3/30/2015 10:48:04 AM
China's oil imports from Yemen in the first two months this year were 4.5 million barrels, up 315 per cent from the same period a year ago, and the equivalent of three-quarters of the country's total crude exports. Yemen's oil production has roughly halved ...
India Makes First Crude Oil Purchase for Strategic Reserve: Report
NDTV - 3/30/2015 4:31:40 PM
London: India has bought the first oil ... fuel imports, producing less than a third of the nearly 3.7 million barrels per day it consumed in 2013, data from the US Energy Information Administration shows. Its fast-growing economy has become the world's ...
Enough cereals, but need to import oil, pulses: Centre tells SC
India TV - 3/22/2015 9:03:01 AM
New Delhi: The Centre has told the Supreme Court that though the country has become self sufficient in production of cereals, it is dependent on imports to bridge the gap between domestic production and demand of edible oil and ... of the world's ...
Need to cut oil imports, says Jaitley
Vancouver Desi South Asian news - 3/27/2015 1:43:25 PM
Finance Minister Arun Jaitley on Friday said the government required to pay attention to oil exploration to reduce the country’s energy imports. “Need to look at our oil exploration programme, acquisition of assets overseas to cut dependence on energy ...
India Gets First Crude Oil For Strategic Reserve
businessworld.in - 3/31/2015 3:37:23 AM
India has bought the first oil ... on fuel imports, producing less than a third of the nearly 3.7 million barrels per day it consumed in 2013, data from the U.S. Energy Information Administration shows. Its fast-growing economy has become the world's ...