India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
02 Jul, 2026, 08.02 PM IST
Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
12 Jun, 2026, 12.02 AM IST
Iran-Israel War: One of 28 Indian-flagged vessels stranded in Strait of Hormuz sails away safelyThe Indian oil tanker Jag Prakash has boldly navigated through the tumultuous Strait of Hormuz, marking a significant achievement amidst in...
13 Mar, 2026, 08.56 PM IST
Mangalore Refinery and Petrochemicals declares force majeure on gasoline export cargoes for March, AprilIndia's Mangalore Refinery and Petrochemicals has declared force majeure on all gasoline export cargoes for March and April due to the ongo...
04 Mar, 2026, 03.07 PM IST
After sanctions, oil refiner Nayara's exports find new marketsRussia-backed Nayara Energy has resumed exporting oil products using sanctioned tankers and exploring new markets after EU sanctions. The I...
29 Sep, 2025, 08.18 AM IST
Tempest at sea: Nayara’s sanctioned cargo quietly slips into new handsNayara Energy, grappling with EU sanctions, is resorting to ship-to-ship transfers to continue fuel exports. A gasoline shipment from Nayar...
14 Aug, 2025, 09.15 AM IST
Russia-backed Indian refiner Nayara Energy ships out first gasoline exports since EU sanctions: SourcesNayara Energy, an Indian refiner backed by Russia, has begun gasoline exports. This is the first shipment since the European Union imposed ...
05 Aug, 2025, 12.54 PM IST
Indian Oil buying sanction-free Russian crude oil cargoes, chairman saysIndian Oil is purchasing Russian crude oil cargoes without involving sanctioned entities. The company predicts gasoline and diesel demand g...
11 Feb, 2025, 10.29 AM IST
India's diesel exports to Europe see nearly three-fold jump in FebruaryAmid the threat of Houthi attacks on ships, a large share of diesel exports to Europe was diverted to transit via the Cape of Good Hope, av...
14 Mar, 2024, 11.58 PM IST
India diesel exports to Singapore set for highs in Aug, drop for Europe -tradeIndia's diesel exports to Singapore are expected to reach a 19-month high in August due to lower freight costs and low inventories in Singa...
24 Aug, 2023, 10.28 AM IST
India's export curbs, tax hike to exacerbate global diesel, petrol shortageIn order to reap record margins, India, the world's No. 3 oil importer, has ramped up imports of cheap Russian oil and increased oil produc...
06 Jul, 2022, 01.56 PM IST
India to supply fuel to Sri Lanka only after advance paymentThe bankrupt nation is offering a guaranteed fuel quota to companies that can pay dollars to Ceylon Petroleum in advance to ease the crippl...
05 Jul, 2022, 09.33 PM IST
Indian Oil Corp seeks petrol after BPCL's post-hiatus purchaseIndian Oil Corp is looking to import 30,000 tonnes of gasoline for Oct. 10-11 arrival at Chennai and Kochi through a tender closing on Sept...
25 Sep, 2020, 01.03 PM IST
Middle East’s oil is still a favorite for India’s top refinerGulf producers such as Iraq and Saudi Arabia -- which together supplied around 40% of India’s oil imports in 2019 -- have been offering car...
27 May, 2020, 03.14 PM IST
India to continue prompt fuel exports for at least two more weeksIndian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp control about 90% of fuel pumps in India, where falling fuel consumptio...
07 Apr, 2020, 07.01 PM IST
Pirates free oil tanker with 22 Indian crew in Gulf of GuineaAll the crew members, released by pirates after four days, are safe and the ship has resumed sailing, officials added.
06 Feb, 2018, 12.57 PM IST
- Reliance Industries increases LPG supplies to oil firms
Reliance Industries has increased LPG supplies to Indian Oil, Bharat Petroleum and Hindustan Petroleum from its twin refineries at Jamnagar...
10 Jun, 2009, 04.21 PM IST