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Why Russian oil stocks are rising today? Rosneft, Lukoil, Gazprom Neft surge as Brent crude jumps — Is higher crude price and supply fears now inevitable?Brent crude jumped over 4% and moved above $95 per barrel today. That sharp spike is driving Russian oil stocks higher. Rosneft, Lukoil, an...
India picks up non-sanctioned Russian oil as discounts widenIndian state-run refiners IOC and BPCL have resumed limited purchases of discounted Russian crude for January delivery, securing cargoes at...
Oil holds gains as investors eye impact from attacks on Russian energy facilitiesOil prices saw minimal change on Monday. Investors are closely monitoring the impact of Ukrainian drone attacks on Russian refineries. Thes...
Ukraine attacks major Russian refinery with big drone assaultUkraine launched a significant drone attack on Russia, targeting the Kirishi oil refinery and prompting a fire. Russia claims to have downe...
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 ...
Inappropriate and counter-productive: Russia over US oil pressure on IndiaRussia criticized the US for demanding that India stop unloading Russian oil tankers, emphasizing that India has not joined the Western-imp...
Russia has the means to meet all supply obligations despite sanctions: Energy Minister SorokinRussia remains capable of fulfilling all its energy contracts despite new US sanctions. Deputy Energy Minister Pavel Sorokin criticised the...
Big Russian alert for President Donald Trump on Day one at office as Rouble rises against USD dollarRussia will be an important issue for President Donald Trump as he takes charge today.
India's embattled economy braces for another shockIndia faces another economic challenge as new US sanctions on Russian oil producers and tankers will impact imports, potentially ending pri...
Fresh US sanctions on Russian oil to disrupt Indian imports, may end price discounts, says top officialUS sanctions on Russian oil producers and tankers will affect Indian imports post wind-down period ending March 12. Price discounts on Russ...
India expects to receive Russian oil for next two months, government source saysIndia does not expect disruptions in Russian oil supply for the next two months. U.S.-sanctioned tankers can discharge crude until March. R...
Obscure traders ship half Russia's oil exports to India, China after sanctionsSanctions over the Ukraine war have led to the emergence of at least 40 middlemen, including "little-known companies" and those reportedly ...
India considers buying discounted Russian oil, commoditiesIndia is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices with payment via a rupee-rou...
Russia clashes with Western oil buyers over new deals as sanctions loomGazprom Neft has also asked buyers to use euros in payments and bear financial responsibility for contract breaches in the case of new sanc...
Russia's Igor Shuvalov says 'hasn't heard' about Rosneft's stake: ReportsInterfax news agency quoted him as saying he hadn't discussed the issue and hadn't received any relevant documents.
Is Russian President Vladimir Putin the richest man on earth?I am wealthy in that the people of Russia have twice entrusted me with the leadership, I believe that is my greatest wealth, says Putin.
- ONGC may partner winner to develop Russian oil field
State-owned Oil & Natural Gas Corp (ONGC) may join hands with the energy firm that gets the rights to develop Russia’s largest discovered f...
- Russia disqualifies ONGC from bidding for 2 oilfields
Russia has disqualified state-owned Oil and Natural Gas Corporation (ONGC) from bidding for the giant Trebs and Titov fields in northwest R...
- DLF, Bharti, ONGC, Cairn India enter DJ BRIC 50 index
Real estate giant DLF, telecom major Bharti Airtel and energy firms ONGC and Cairn India have made their way to the Dow Jones BRIC 50 Index.
- Russian oil companies get a big boost
Investors should hold on to shares of major Russian oil companies because they’re undervalued and may benefit from earnings upgrades throug...