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RUSSIA DOMESTIC FUEL MARKET
Russia receives Indian gasoline cargo as fuel shortages biteAt least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...
Ukraine takes aim at Russia's economy and morale by attacking online retailerFor over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offens...
India set for record soyoil imports as Russia-Ukraine war disrupts sunflower shipmentsIndia's soyoil imports are expected to reach a record 620,000 metric tons in August, about 46% above the current marketing year's monthly a...
E20 petrol not sole reason for lower mileage, Centre saysThe government clarified that vehicle mileage depends on many factors, not just fuel. Extensive testing confirms E20 petrol meets quality s...
India’s balance of payments slips into deficit in Q1FY27India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...
India named first official partner country at Russian Energy WeekIndia will be the first official partner country at Russia's Energy Week forum. This partnership aims to attract greater Indian investment ...
EU's unclear stance on Russian nuclear fuel holds back investments, Urenco CEO saysEuropean Union's indecision on banning Russian nuclear fuel creates investment uncertainty. This delay impacts Europe's uranium enrichment ...
Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
India well placed to make domestic commodity price discovery stronger, expand onshore hedging: ReportIndia has the potential to enhance price discovery for domestic commodities and broaden its onshore hedging capabilities, MCX's report said...
Oman says oil spill from grounded tanker has reached its coastlineCrude oil from a grounded tanker has reached Omani mainland beaches. The sanctioned vessel, Caroline Bezengi, is leaking nearly one million...
US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
Russia’s petrol crunch sends Moscow shopping for Indian fuelRussia has imported petrol from India for the first time as Ukrainian attacks on its refineries deepen domestic fuel shortages. Kpler data ...
PM Modi, Trump will work out Russian oil-related 100 per cent tariff issue, says US officialUS official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism r...
Ukraine kills 13, including a child, injures 39 in drone strikes on Russian city of Nizhnekamsk: MayorA Ukrainian drone attack on Nizhnekamsk killed thirteen people and injured thirty-nine. The strike targeted industrial and civilian sites, ...
Ethanol-blended diesel fails safety tests as flash point drops sharplyEthanol-blended diesel failed safety specifications, which sharply lowered its flash point. This technical issue effectively rules out wide...
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...
Retailers’ cooking gas losses dip in August, but government dues top Rs 59,000 croreFuel retailers' revenue loss on subsidized LPG narrowed to Rs 188 per cylinder in August. This marks a sharp decrease from the Rs 500 loss ...
India's future nuclear fleet may need 5,400 tonnes uranium annually; domestic supply meets about 30%: Parliamentary panelIndia’s nuclear expansion could sharply raise uranium demand, with PHWRs alone expected to require around 5,400 tonnes of uranium oxide ann...
India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EYIndia's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of ...
India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...