August 16, 2018: Petroleum Products Import Goes Up In June 2018. Click Special Database for details.

---

August 14, 2018: Crude Oil Imports Dip In June 2018, OPEC Share further Declines. Click Special Database for details. 

---

August 13, 2018: India's crude oil imports have consistently been on the rise, raising the country's ranking as the world's third largest among crude oil importers. Reflecting this trend, the share of imported crude oil has been rising in the total crude processed in refineries, touching an all-time high in FY 2017-18. Click column Special Database for details.

---

August 9, 2018: www.indianoilandgas.com in the previous article The Changing Dynamics Wrought by US LNG in free access column Petro Intelligence argued that a long term contract with US companies for supply of LNG at a price between $5 - 5.5 per million British thermal unit including the regasification cost on the Indian coast was in the realm of possibility. Several factors have contributed to this scenario, the most import of which being the production cost of gas in the US dipping below $1.00/mBtu. The article attracted immense reader interest and also criticism from gas pundits. We had listed in the article a few countries other than the US which were already producing gas below $1.00/mBtu but did not mention India as its gas production cannot meet even half of the country’s requirement. True, both RIL and ONGC produced gas below $1.00/mBtu. A journalist goes after news. The news is that the US which has emerged as an LNG exporter managed to reduce production cost of its gas significantly and India, an LNG importer, could benefit by it. We deliberately avoided mentioning companies and personalities involved in making US LNG business a success as it could be interpreted as an attempt to promote their business. In the latest piece Why A Long-Term LNG Supply Deal With US Makes Sense, we have provided a lot of facts and figures and even identified a couple of players to substantiate our assertion that it is very much possible to enter into a long deal with the US for supply of LNG at a very attractive price. Click Free Access column Petro Intelligence for details.