marine link image
REGISTER NOW FOR the Port of the Future Conference • 2 Days, 50 Ports • Houston, TX • March 24–25, 2026

India's Oil Imports Surge in September

October 15, 2018

© jorisvo / Adobe Stock
© jorisvo / Adobe Stock

India's crude oil imports in September touched $10.91 billion, up 33.6 percent from a year ago, Indian government data showed on Monday.

Shipments of gold to India, the world's second-biggest buyer of bullion, rose 51.5 percent last month, the data from India's trade ministry showed.

India last week announced tariff hikes on several electronic items and communication devices, in a bid to rein in imports and bolster a weak rupee, but did not levy additional duties on gold to prevent increased smuggling of the precious metal.


(Reporting by Sankalp Phartiyal Editing by Euan Rocha)

Logistics News

Port Houston Sees February Volume Increased by 4%

Port Houston Sees February Volume Increased by 4%

Prices for Russian Wheat Exports Hit Highest Since August With Improved Weather

Prices for Russian Wheat Exports Hit Highest Since August With Improved Weather

ADNOC Suspends Crude Loading at Fujairah Port After Drone Attack

ADNOC Suspends Crude Loading at Fujairah Port After Drone Attack

ClassNK SOF for ‘Seawing’ Automated Kite System

ClassNK SOF for ‘Seawing’ Automated Kite System

Subscribe for Maritime Logistics Professional E‑News

Spirit Airlines will shrink its fleet to a third of the size it was before bankruptcy
India is seeking passage for other vessels that are stranded in the Strait of Hormuz area after a few have sailed through
Trump asks allies to secure Strait of Hormuz, as Iran promises to increase retaliation