All India products

Crude oil in India

JurisdictionIndia
ProductCrude oil
Private tradeRESTRICTED

Restricted — government / monopoly route

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

Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.

Can private companies import Crude oil into India?
No. Crude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.
What license is typically required?
Crude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.
Does OilFlow screen Crude oil counterparties against India rules?
Yes. The free /check screen and the Regulatory Matrix API both read this same rule row; a private Crude oil deal into India is flagged automatically when this page says blocked or restricted.

This rule is one row of the Regulatory Matrix API: 235 jurisdictions, product tradability, payment-term constraints, license requirements, from $99/mo. Got a live Crude oil deal into India? Paste it and get a clearance verdict in under 30 seconds, before you spend weeks structuring it.