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INDIA RUSSIA OIL TRADE
India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EYIndia's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of ...- Russia's oil output rises in July on firm exports, refinery run recovery, sources sayRussia's crude and condensate output rose in July, exceeding nine million barrels daily. Strong oil exports and refinery recovery supported...
- Fortune maker AWL piles up edible oil stocks as Middle East, Ukraine wars rattle supply chains: CEO Shrikant KanhereAWL Agri Business is increasing edible oil inventories to counter supply chain disruptions. The company has boosted its stock cover to fort...
- Russian ‘shadow fleet’ tanker leaks oil off Oman coast, NGOs raise alarmAn Omani nature reserve faces an environmental catastrophe from an oil leak. A Russian shadow fleet tanker is reportedly leaking oil across...
- Surge in Black Sea attacks adds to strain on global commodity flowsAttacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each othe...
- ONGC eyes operatorship of two Venezuela oil blocksONGC plans to operate two Venezuelan oil blocks soon under new laws. The company regained its stake in Russia's Sakhalin-1 project last Dec...
- An e-commerce blitz pounds Russia's Amazon as war comes to cartsUkraine has commenced drone attacks on Wildberries, the largest online retailer in Russia. These actions are designed to disrupt the routin...
- India's edible oil imports hit 10-month peak in July on higher palm buying, dealers sayIndia's edible oil imports surged to a ten-month high in July. Refiners increased palm oil and soyoil purchases to replenish inventories. H...
- Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...
- Oil tumbles as Trump cancels attack on Iran to reach nuclear dealOil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nucle...
- Oil leak spreads from sanctioned tanker grounded off Oman coastSatellite images show a sanctioned tanker leaking crude oil near Oman's protected islands. The oil slick has spread across twenty square ki...
- Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
- India could face 100% tariffs under proposed US Russia sanctions billMany Democrats, some Republicans, and industry trade groups are unhappy about a provision in the long-stalled bill that would let Trump imp...
- India closely monitoring US bill targeting buyers of Russian oil, says MEAFocusing on national interests, India's energy procurement policy underscores the importance of energy security. With the proposed US sanct...
- Shell's Q2 profit more than doubles to $9.8 billion, beats estimatesShell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility cont...
- India seeks sunflower oil alternatives on Black Sea disruptionsIndia is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...
- US senators announce deal on new Russia, Iran Sanctions BillSenators reached a deal on legislation empowering the president to restrict Russian and Iranian energy buyers. This measure allows tariffs ...
- Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
- 100% tariff threat for India and others: US Senate advances Russia sanctions billThe US Senate overwhelmingly advanced a bipartisan sanctions bill targeting Russian energy buyers. This legislation grants President Trump ...
- Indian refiners come to the rescue of Russia’s oil exportersIndia has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...
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