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Nidhi Verma

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

6:39am GMT

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

NEW DELHI/MUMBAI India's oil ministry is pushing for a cut in excise duty on petrol and diesel in the upcoming 2018/19 budget to cushion the impact of rising oil prices on its vast consumer base, two oil ministry officials told Reuters on Monday.

18 Jan 2018

India to cut tax rates on some goods, services from January 25

NEW DELHI India will cut rates on some products and services under the new Goods and Services Tax (GST), the finance minister said on Thursday, in a bid to encourage greater compliance as revenues have dipped since the landmark reform was announced in July.

16 Jan 2018

GAIL reworks Gazprom LNG deal, raises volume

NEW DELHI/LONDON Gas utility GAIL (India) Ltd has renegotiated the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom , the Indian company said on Tuesday.

16 Jan 2018

India's oil imports in 2017 surged to a record 4.4 million bpd

India's oil imports rose by about 1.8 percent in 2017 to a record 4.37 million barrels per day (bpd) as the country boosted purchases to feed its expanded refining capacity, ship-tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts showed.

16 Jan 2018

Reliance declares 30 percent higher refinery capacity at export plant: document

NEW DELHI India's Reliance Industries has declared a 30 percent increase in the installed capacity of its export-focused oil refinery, a government report showed, increasing the size of the world's largest refinery complex.

15 Jan 2018

India's trade deficit widens to over three-year high in December

NEW DELHI India's December trade deficit widened to its highest in more than three years as higher import bills for gold and crude oil weighed on rising exports, government data showed on Monday.

11 Jan 2018

India's 2017 oil demand growth posts lowest gain since 2013

SINGAPORE/NEW DELHI Indian oil consumption in 2017 grew at its slowest in four years, according to government statistics, hit by the government's demonetisation move and a tax increase that knocked the gain in fuel use back to a modest 2.3 percent.

14 Dec 2017

India's November Iran oil imports skid to lowest since Feb 2016 - trade data

NEW DELHI India's refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data showed, cutting purchases to a 21-month low in protest at Tehran's decision to award a giant gas field to a Russian company.

05 Dec 2017

Indian refiners turn to use dirty fuel to produce power, gas

NEW DELHI/MUMBAI Indian oil refiners are drawing up plans to use petroleum coke for power generation and to produce syngas after the government banned use of the heavily polluting fuel in and around New Delhi.

04 Dec 2017

Indian oil refiners issue tanker tenders aimed at boosting domestic shipping

NEW DELHI/SINGAPORE Two of India's state-owned oil refiners have issued tenders seeking to charter tankers for at least five years while giving preference to Indian companies, tender documents reviewed by Reuters showed, which would boost domestic shipping firms battered by slumping tanker rates.

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