Indian Oil buys Russian crude from non-sanctioned entities, sources sayIndian Oil Corp has purchased five cargoes of Russian oil for December delivery. This marks a resumption of purchases despite pressure from...
31 Oct, 2025, 08.59 AM IST
India's Russian oil imports hit 10-month high on strong demand for ESPO crudeIndia's Russian crude oil imports are set to reach a 10-month high in May, nearing 1.8 million barrels per day, driven by increased demand ...
21 May, 2025, 03.14 PM IST
China state firms curb Russian oil imports on sanctions risks, sources sayChinese state oil companies are reducing or halting purchases of Russian oil to comply with recent U.S. sanctions on Moscow. While Sinopec ...
14 Mar, 2025, 12.36 PM IST
India surpasses China to become Russia's top oil buyer in JulyIn July, India surpassed China as the largest importer of Russian oil, with imports reaching a record 2.07 million barrels per day (bpd), o...
22 Aug, 2024, 02.07 PM IST
Indian refiners opt for cheaper Urals crude as Russian grades get expensiveIn October, Indian refiners increased their demand for cheaper Urals crude from Russia while reducing imports of more expensive Russian gra...
02 Nov, 2023, 12.37 AM IST
India, China's crude oil imports from Russia in May breach all-time highs, shows shiptracking dataThe jump in Russian supplies comes ahead of a meeting between the Organization of the Petroleum Exporting Countries and their allies includ...
01 Jun, 2023, 04.49 PM IST
India jostles with China for April ESPO crude from Russia, prices jumpCompetition from India has narrowed discounts for April-loading ESPO shipments to about $6.80 a barrel against June ICE Brent DES basis to ...
10 Mar, 2023, 08.09 AM IST
Russian oil gets pricier as pool of buyers from India, China expandsESPO oil from the nation’s Far East has been a particular favourite due to its short shipping distance. Offers for ESPO that’s typically lo...
09 Mar, 2023, 12.03 AM IST
Why finding a real Russian oil price cap is proving so hard for the policymakers from EuropeTalks have so far focused on levels from $62 to $70 a barrel. Those who want the oil to keep flowing want a high cap, while those prepared ...
01 Dec, 2022, 05.54 AM IST
India set to skip buying Russia's ESPO crude in Sept as freight costs jump"On net back basis after factoring in the freight, the landed cost of ESPO is turning out to be $5-$7 a barrel costlier in comparison to si...
22 Sep, 2022, 03.46 PM IST
India is new major player in Russian oil market once dominated by ChinaIndia has emerged as a key buyer of Russian energy in the wake of the invasion, scooping up millions of barrels of discounted crude shunned...
01 Sep, 2022, 11.42 AM IST
India eases Russian oil buying in July, boosts Saudi imports: SourcesIndia shipped in 877,400 barrels per day (bpd) oil from Russia in July, a decline of about 7.3% from June, with Moscow continuing as its se...
17 Aug, 2022, 04.11 PM IST
33-year-old suspect shoots dead El Paso County police officer Andrew Peery fatally in US. Check out what happenedThe El Paso County Sheriff’s Office has identified John Paz as a suspect in the killing of deputy Andrew Peery, who was shot fatally in the...
08 Aug, 2022, 01.01 PM IST
China is facing competition for its favorite Russian oil from IndiaCargoes of ESPO can be shipped to China in around five days, and the nation’s refiners have been eagerly snapping up the cheap Russian barr...
22 Jul, 2022, 12.30 PM IST
More Russian oil than ever before heads towards IndiaThe sharp jump in Russian oil in transit by sea underscores how the global energy trade has been thrown into turmoil by the invasion, with ...
28 May, 2022, 09.59 PM IST
China quietly increases purchases of low-priced Russian oilThe move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies, for fear of appearing to openly...
20 May, 2022, 01.10 PM IST
- Russian minister says plans drawn for China oil pipeline
Plans have been drawn up for a pipeline linking Siberian oil fields to China, a Russian minister was quoted as saying on Sunday, in a sign ...
26 Oct, 2008, 02.38 PM IST