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BASRAH MEDIUM CRUDE
US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...01 Apr, 2026, 07.51 AM IST- Indian refiners shift oil strategy; trim Russian buys and turn to Middle EastIndian refiners are shifting away from Russian oil. They are increasing imports from the Middle East. This move could help India secure a t...21 Jan, 2026, 04.23 PM IST
- BPCL buys Iraqi, Oman crude via one-year import tenders, sources sayIndia’s state-run Bharat Petroleum Corp has finalized two import tenders for Iraq’s Basrah oil and Oman crude covering April 2026–March 202...21 Jan, 2026, 09.44 AM IST
- Mukesh Ambani's Reliance trying to re-sell Middle Eastern crude in rare moveWhy Reliance Industries Selling Middle Eastern Oil Cargoes: Reliance Industries, a major Indian refiner, is now selling Middle Eastern oil ...06 Nov, 2025, 03.01 PM IST
- Many Indian refiners pause new Russian oil orders, await clarityIndian refiners have temporarily stopped purchasing Russian crude following the latest sanctions and are awaiting further clarity, accordin...28 Oct, 2025, 04.25 PM IST
- Reliance snaps up Middle East oil after Russia sanctionsReliance Industries is buying millions of barrels of crude oil from the Middle East and the US. This comes after sanctions were imposed on ...24 Oct, 2025, 12.26 PM IST
- Reliance Industries shares rise after purchase of Middle Eastern crude amid global supply shiftsRIL shares: The company reportedly bought at least 2.5 million barrels of Middle Eastern crude, signaling a potential shift in sourcing ami...23 Oct, 2025, 09.44 AM IST
- Stocks in news: HUL, Jain Resource Recycling, Ola Electric, Tata Motors, Torrent PharmaIndian markets closed marginally higher after a strong start in the Muhurat trading session. Investors are now focused on upcoming earnings...23 Oct, 2025, 06.07 AM IST
- Mukesh Ambani's Reliance grabs mideast oil as Russian flows face US scrutinyReliance Industries Ltd. is exploring new crude oil sources beyond Russia. The Indian refiner bought Middle Eastern crudes recently. This s...21 Oct, 2025, 04.46 PM IST
- The crude oil market bets Trump's India threats are hollowThe crude oil market is calm despite U.S. threats to India over Russian oil. Trump imposed tariffs due to India's oil imports. These tariff...11 Aug, 2025, 08.09 PM IST
- Russian sanctions shift oil price-making power to Asia from EuropeAnalysts and government officials from consumer countries use the term Asian premium to refer to the higher prices Asian importers have pai...14 Mar, 2023, 10.45 AM IST
- Russian oil seeps into global market to ease supply fears for nowIndia’s oil refiners grabbed multiple cargoes of Russia’s flagship Urals crude this month, potentially supplanting the Middle Eastern varie...23 Mar, 2022, 12.32 PM IST
- Oil is already trade war's collateral damage even without duty hikesThe flow of American cargoes to China has nevertheless been throttled by rising tensions14 May, 2019, 08.57 PM IST
- Crude under the hammer: How sellers are hoping to boost value of their oilIraq’s state oil marketing company, known as SOMO, conducted its first-ever auction in April.03 Aug, 2017, 05.30 PM IST
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