IOC \u2014 Recent Activity

India gets first Iranian oil in 7 years, ship tracking data shows

By Nidhi Verma NEW DELHI, April 13 (Reuters) - Two very large crude carriers loaded with Iranian oil have reached Indian ports, ship tracking data from LSEG shows, as local refiners utilise a

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Indian refiners postpone maintenance shutdowns to meet local fuel demand, govt says

April 6 (Reuters) - Indian refiners have postponed maintenance shutdowns of their units to meet local fuel demand, a government official said on Monday.

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Indian fuel retailers raise jet fuel, commercial LPG prices amid Middle East war

April 1 (Reuters) - Indian fuel retailers raised jet fuel and commercial LPG prices on Wednesday, following a sharp spike in global prices due to the Iran war.

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India buys first Iran LPG cargo in years after US eases sanctions, sources say

By Nidhi Verma NEW DELHI, March 25 (Reuters) - India has bought its first cargo of Iranian liquefied petroleum gas in years after the U.S. temporarily removed sanctions on Tehran's oil and refined

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India fuel retailers seek advance payments from dealers as global price surges

By Nidhi Verma NEW DELHI, March 17 (Reuters) - Indian state-owned fuel retailers are seeking advance payments for gasoline and gasoil supplied to fuel pumps nationwide, dealers said, as the companies

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India's LPG consumption declines due to shortages in wake of Iran war

By Nidhi Verma NEW DELHI, March 16 (Reuters) - Indian state fuel retailers' sale of liquefied petroleum gas (LPG) slowed in the first half of March, preliminary data showed, as the country reels from

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India secures safe passage for LPG tankers through the shuttered Strait of Hormuz

Investing.com -- Two liquefied petroleum gas (LPG) tankers have successfully navigated the Strait of Hormuz and are en route to India, signaling a potential breakthrough in the supply crisis caused by the ongoing conflict in the Persian Gulf.

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Indian refiners fall as Brent spikes to near 4‑year high on Iran conflict

March 9 (Reuters) - Indian refiners slumped on Monday as a widening U.S.-Israeli war with Iran pushed Brent crude to a nearly four-year high, threatening their near-term earnings and raising the risk

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Indian Oil Corp books some oil cargoes from Red Sea, source says

March 7 (Reuters) - Top Indian refiner, Indian Oil Corp, has booked some oil cargoes for loading from the Red Sea port of Yanbu, a company source said on Saturday.

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Indian refiners raise LPG rates for first time in a year amid Iran conflict

Investing.com — India’s state-run refiners hiked the price of domestic cooking gas for the first time in nearly a year on Saturday, as the intensifying conflict in the Middle East chokes energy flows through the Strait of Hormuz. The move highlights the growing economic toll of the regional war on the world’s third-largest liquefied petroleum gas (LPG) consumer.

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