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DISCOUNTED RUSSIAN CRUDE
India's Russian crude imports hit record for second straight monthIndia's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...
India's Menage a Trois: Graham Act puts New Delhi's strategic autonomy to testThe new US legislative proposal aims to introduce tariffs on nations acquiring Russian energy, challenging India to balance its energy dema...
US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...
America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
India’s $40 billion Russian oil lifeline shouldn’t buckle under Trump’s 100% tariff threat: GTRIAs long as it proves to be economically feasible, India should persist in acquiring Russian crude oil. A new Senate bill from the US threat...
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...
IOC slips into loss in Q1 on holding fuel prices despite rise in costIndian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
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 ...
Global Market: Warning signals flash red as oil, AI concerns and debt risks rattle investorsSeveral key market warning indicators are approaching crisis levels now. Elevated oil prices and geopolitical uncertainty fuel inflation co...
Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
Crop prices hit three-year high as heat, war stoke supply fearsScorching temperatures across Europe also raise concerns over potential crop losses. This situation could lift costs for staples like bread...
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...
India watches as US bill targets buyers of Russian oil selectivelyIndia monitors a US bill proposing 100% tariffs on Russian oil imports. This legislation exempts European Union LNG and US uranium purchase...
US Senators unveil sweeping Russia sanctions bill; name India among nations facing possible tariffsA bipartisan US Senate bill proposes sweeping sanctions against Russia's economy. This legislation could impose tariffs on countries buying...
Lindsey Graham may be dead, but his ‘bunker-buster’ looms over IndiaSenator Graham's Russia Sanctions Bill remains a significant concern for India's energy security. This legislation targets countries purcha...
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...
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...