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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...- 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...
- India loses Russia oil discount as Red Sea, Hormuz risks upend crude marketsRussia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alter...
- 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...
- Quote of the Day by Varlam Shalamov: 'Friendship is not born in conditions of need or trouble...' - What 17 years in Soviet Gulag camps taught the Russian writer about friendshipQuote of the Day by Varlam Shalamov suggests friendship is not born in need. True bonds already exist before life's darkest moments arrive....
- Ukraine and nine other countries announce a coalition to protect Europe from ballistic missilesTen European nations and Ukraine formed a coalition for ballistic missile defense. This initiative aims to protect Europe from growing miss...
- Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...
- Ukraine attacks St Petersburg, says Russian seizure of key town a 'lie'Kyiv's barrage on Russia's second city -- President Vladimir Putin's hometown -- came amid opposing statements from both sides over who was...
- Quote of the Day by Russian writer Varlam Shalamov, who survived 17 years in Soviet Gulag camps: ‘A human being survives by his ability to forget…’Quote of the Day by Varlam Shalamov: The human mind possesses a remarkable ability to soften painful memories, allowing us to heal and move...
- Indian captain of sanctioned Russian oil tanker arrested in UK; family seeks government interventionAn Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...
- Drones hit historic museum in Russia-annexed Crimea as officials alter train scheduleUkrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...
- EU weighs temporary freeze on Russia oil price cap over Iran war: ReportThe European Union is considering freezing its price cap on Russian oil as the conflict in West Asia and disruptions to shipping through th...
- In 1890, Russian gold miners reached into a peat bog and found something that rewrote everything we thought we knew about prehistoric humansMiners in Russia's Ural Mountains discovered the Shigir Idol in 1890. This ancient wooden monument is over 11,000 years old, predating Ston...
- Iran war drives Russian oil windfall as Urals crude hits highest level since 2023Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...
- Discount for Russia's Urals crude oil is deepest since 2023, data showsRussian Urals oil faces its largest discount in three years from Baltic ports. Western sanctions are the cause. This impacts Russia's budge...
- India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year highChina’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...
- Russian President gifts bike to Alaskan man. Here’s why and what happenedRussian President gifts bike to Alaskan man in Anchorage after reporters noticed his old Ural motorcycle. The new Ural bike was handed over...
- India remains top destination for Russian Urals oil in AprilAttractive prices for Urals mean good margins for Indian refiners while term contracts between Russian and Indian companies and lower freig...
- Indian demand for Urals crude keeps Russia's exports upIn March, India's purchases of Urals oil accounted for more than 65% of total seaborne exports of Urals, Refinitiv data showed. Traders sai...
- Indian Oil buys 3 million barrels of Urals for May loading - trade sourcesThis is the second purchase of Urals by IOC since Russia invaded Ukraine on Feb. 24. It bought similar volumes of Urals from Vitol earlier ...
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