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INDIAN OIL REFINERIES RUSSIAN OIL
Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
India's core sector output slows to 0.5% in May as against 1.8% in AprilIndia's core industrial output saw a significant slowdown in May 2026, registering a mere 0.5% growth compared to the previous year, a dip ...
Moscow reopens airports, shoots down nearly 60 dronesMoscow thwarted a massive drone assault overnight, with nearly 60 unmanned aerial vehicles intercepted en route to the capital, leading to ...
Beyond West Asia conflict: India's oil imports back on track, boosted by record Russian shipmentsIndia’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
Ukraine's Zelenskiy confirms drone strike on refining facilities in Russia's tyumen regionUkrainian President Volodymyr Zelenskiy announced that Ukrainian drones successfully targeted an oil refinery in Russia's Tyumen Region, ov...
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
Ukraine hits Moscow in 'large-scale' attack, sparking fires and evacuationsUkraine launched a massive drone assault on Moscow, causing fires and evacuations. The attack targeted the capital and its surrounding regi...
Black rain in Moscow after Ukrainian drone strike damages oil refinery, Zelenskyy says if Ukraine burns so will MoscowUkraine launched a massive drone attack on Russia, hitting a refinery in Moscow. Residents reported black residue falling from the sky. Aut...
Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
HPCL's Rajasthan refinery restarts key crude unit after April fireHindustan Petroleum Corp Ltd's joint venture refinery in Rajasthan has restarted its crude distillation unit after a fire in April. This re...
Flights suspended at major Moscow airports after Ukrainian drone attackMoscow airports faced temporary flight suspensions Thursday following a large-scale Ukrainian drone attack. Russian air defenses engaged th...
US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...
Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...