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All India products

Crude oil in India

Status

Restricted — government / monopoly route

Crude imports dominated by PSU refiners (IOC, BPCL, HPCL) and Reliance/Nayara. DGFT IEC (Importer Exporter Code) mandatory.

Frequently asked

Can private companies import Crude oil into India?
No. Crude imports dominated by PSU refiners (IOC, BPCL, HPCL) and Reliance/Nayara. DGFT IEC (Importer Exporter Code) mandatory.
What license is typically required?
Crude imports dominated by PSU refiners (IOC, BPCL, HPCL) and Reliance/Nayara. DGFT IEC (Importer Exporter Code) mandatory.
Does OilFlow screen Crude oil listings against India rules?
Yes. OilFlow's matching engine blocks impossible listings — for example, a private buyer-side Crude oil listing into India will be rejected automatically if this page says blocked or restricted.

OilFlow's matching engine enforces these rules automatically — verified counterparties see only deals that can legally clear.