oil import

India is looking at pockets of opportunities for oil overseas and its decision to invest $1.6 billion in an oil project in Brazil part of that scheme, said credit rating agency S&P. In a report, S&P, citing sectoral experts, said…

India's crude oil imports from Russia have jumped over 50 times since April and now make up for 10 per cent of all crude bought from overseas, a senior government official said on Thursday. Russian oil made up for just 0.2 per cent of…