China Orifice plate flowmeter Suppliers prices are being changed regularly

"If petrol and diesel China Orifice plate flowmeter Suppliers prices are being changed regularly, the small savings rate should also be changed based on formula every quarter, said a Sebi registered financial adviser.Deena Mehta, managing director, Asit C Mehta Investment Interrmediates, said, "The govement has to also look at its budget, it is going slow on raising small savings rate thinking trend may reverse, as it had reduced small savings rate after a long time."New Delhi: US crude oil exports to India hit a record in June and so far this year are almost double last years total as the countrys refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.US President Donald Trumps administration has been pressuring its allies to cut imports of Iranian goods to zero by November and Indias shift advances the US administration efforts to use energy to further its political goals.The United States has become a major crude exporter, sending 1.76 million barrels per day (bpd) abroad in April, according to the latest govement figures.

All told, producers and traders in the United States will send more than 15 million barrels of US crude to India this year through July, compared with 8 million barrels in all of 2017.Also Read: Amid US threat, Iran says it will do its best to ensure oil supply to IndiaThe exports to India could go higher if China imposes levies on its US oil imports over the latest round of US tariffs, which could damp Chinese purchases and lead US crude prices lower.A K Sharma, head of finance at Indian Oil Corp, Indias top refiner, said US crude is gaining appeal because of its lower cost, and could expand further if China cuts its imports of US energy."If China levies a tariff on US oil then US imports to India will probably rise," he said. "We are looking for a mini-term deal to buy three to four cargoes of US oil over a period of three to six months instead of buying single cargoes."Opportunity For USLast month, the oil ministry asked refiners to prepare to limit imports of Iranian oil ahead of US sanctions that take effect in November.

The United States is reimposing sanctions after withdrawing from a 2015 agreement with Iran, Russia, China and several Weste European countries where Iran agreed to curtail its nuclear activities in retu for the lifting of earlier sanctions.Venezuelan crude shipments to the country also fell 21 per cent in the first half of this year as production has been hampered by inadequate investment, mismanagement and US sanctions.Adding to its exports crisis, the US has been increasing sanctions on various Venezuelan nationals and companies, part of a campaign to pressure socialist President Nicolas Maduro to make political and market reforms.Iran and Venezuela are among Indias top five oil suppliers.Last month, Indias imports of Iranian crude fell by 16 per cent from May, paring sharp year-over-year increases during the first half of this year.The Trump administration plans to send a delegation in the coming months to India to discuss Iran sanctions and oil issues."Our focus is to work with those countries importing Iranian crude to get as many of them as possible down to zero by November 4," a US State Department official said.