Crude Oil Imports

Facing increased U.S. tariffs, Pakistan plans to import 10% of its crude oil and petrol from the U.S., a move designed to alleviate trade imbalances and support U.S. exports, with …

India and the United Arab Emirates have embarked on a new approach to bilateral trade, utilizing their respective local currencies. The leading Indian refiner, Indian Oil Corp, has executed a …

ISLAMABAD: Pakistan’s fuel oil imports recorded a massive 60% decline in the month of April this year. In the US dollars, in April 2023, the oil imports fell to $891 …

A few days after Pakistan placed the order, the Biden administration said that it wouldn’t protest Pakistan’s discounted purchase of Russian oil. Each nation has the freedom to determine its …

In a surprising move, India has reduced by 50 percent its imports of the crude oil from the United States and doubles import of cheap Russian oil in first half of calendar …

Chinese firms, including state refining giant Sinopec and state-run Zhenhua Oil, have ramped up purchases of Russian oil, enticed by steep discounts after western oil majors and trading houses pulled …