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First rupee payment for oil to UAE: India looks for more deals, no targets, says Officials

With the nation more than 85 per cent dependent on imports for meeting its oil needs, India has been pursuing a three-pronged strategy of buying from the cheapest available source, diversifying sources of supply and not breaching any international obligation like the price cap in case of Russian oil. ....

Saudi Arabia , Indian Oil Corporation , Abu Dhabi National Oil Company , India Oil Corporation , Reserve Bank , S Dollar , Crude Oil ,

First rupee payment for oil to UAE: India looks for more deals, no targets: Officials, ET Auto

Oil Imports: With the nation more than 85% dependent on imports for meeting its oil needs, India has been pursuing a three-pronged strategy of buying from the cheapest available source, diversifying sources of supply and not breaching any international obligation like the price cap in case of Russian oil. ....

Saudi Arabia , Indian Oil Corporation , India Oil Corporation , Abu Dhabi National Oil Company , Reserve Bank , Oil Imports , Irst Rupee Payment For Oil , Crude Oil , Rupee Payment , Reserve Bank Of India , Indian Oil , Rupee Trade , Indian Oil Corporation , Uae Oil ,