India’s Russian oil imports cool 20% in April after March spikeIndia’s imports of Russian crude fell 20% month-on-month in April to 1.57 million barrels per day, cooling after a March surge driven by fl...
27 Apr, 2026, 11.51 PM IST
Indian Oil, Nayara lift Russian crude as RIL skips; IOC accounts for 43% of January importsIndia's Russian oil imports have fallen significantly this month. US sanctions have reduced the number of buyers. Indian Oil and Nayara Ene...
17 Jan, 2026, 06.00 AM IST
HPCL, MRPL buy 5 million barrels US, Mideast oil, sources sayTwo Indian state-run refiners have purchased a total of 5 million barrels of crude oil from the spot market as they seek alternatives to Ru...
10 Nov, 2025, 12.53 PM IST
No direction from govt to buy or stop Russian oil intake: HPCLAmidst rising US tariffs on India due to its Russian oil trade, Hindustan Petroleum Corp. Ltd. clarifies it has received no governmental di...
08 Aug, 2025, 12.42 PM IST
US penalty risk on Russian oil may add $9-11 billion to India's import billIndia faces a potential USD 9-11 billion surge in its annual oil import bill if forced to abandon discounted Russian crude due to potential...
03 Aug, 2025, 09.16 AM IST
Middle East share of India's November oil imports at 9-month high; Russia downIndia boosted Middle Eastern oil imports to a nine-month peak in November. Russian oil imports dipped to a three-quarter low. India importe...
23 Dec, 2024, 02.28 PM IST
Russian November oil price for India hit 12-mth highIn November, India paid a record $85.42 per barrel for Russian oil, breaching the G7's $60 cap. The price exceeded October's $84.20. Discou...
05 Jan, 2024, 07.47 AM IST
India's Russian oil imports seen rising on lower prices: OfficialIndia, the world's third biggest oil importer and consumer, emerged as the biggest buyer of Russian seaborne oil, shunned by the West over ...
08 Dec, 2023, 05.10 PM IST
India's oil imports from Russia fall in OctoberIndia's imports of Russian oil eased in October as global oil prices rose, narrowing the discounts that had made Russian oil attractive. Pr...
31 Oct, 2023, 04.53 PM IST
BPCL says no payments pending for Russian oil importsBPCL operates a 240,000 barrel-per-day (bpd) refinery in Mumbai, western India; a 310,000-bpd refinery in Kochi, southern India; and a 156,...
30 Oct, 2023, 04.35 PM IST
Indian refiner HPCL meets up to 23% of oil need with Russian gradesIndian refiners, which rarely used to buy Russian oil, have been snapping up discounted barrels after many Western countries shunned purcha...
25 Aug, 2023, 04.44 PM IST
India's HPCL faces challenges paying for Russian oil as banks baulk - co sourceWhile Western sanctions against Moscow are not recognised by India - and purchases of Russian oil may not violate them - banks and financia...
21 Feb, 2023, 08.00 PM IST
Reliance Industries imports over fifth of its oil from Russia: SourcesIndia's Reliance, the owner of the world's biggest refining complex, imported about 1.4 million barrels per day oil in May, up 9.1% from Ap...
13 Jun, 2022, 07.02 PM IST
Who is buying Russian crude oil and who has stoppedAustralia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases but the 27 members of the European Uni...
02 May, 2022, 05.27 PM IST
Who is buying Russian crude oil and who has stoppedIndia and China, which have refused to condemn Russia's actions, continue to buy Russian crude. Lured by steep discounts following Western ...
06 Apr, 2022, 01.13 PM IST
Who is buying Russian crude oil and who has stoppedThe EU bloc's 27 members have been unable to agree on an embargo, with Germany warning against hasty steps that could push the economy into...
01 Apr, 2022, 07.29 PM IST
Who is still buying Russian crude oilGermany, the EU's top user of Russian crude oil and the Netherlands, a key trading hub, argue that the EU couldn't cut its dependence on Ru...
22 Mar, 2022, 08.16 PM IST