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'Russian oil supplies to India have increased': Lavrov hails surging energy ties with New Delhi amid global pressuresHe accused the US of seeking to "dominate global energy markets" and sideline Russian firms. Amid West Asia tensions, Lavrov highlighted th...- Iran war doubles Russia's main oil revenue to $9 billion in AprilIn a remarkable twist for Russia's economy, oil tax revenues are projected to soar to $9 billion by April, doubling amidst the turbulent gl...
- Oil retailers losing Rs 21 per litre on petrol and Rs 28 on diesel: JefferiesIndian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litr...
- Millions of barrels of Russian oil are already close to IndiaIndia is set to receive millions of barrels of Russian oil. A US waiver allows these purchases amid Middle East supply shortages. Tankers c...
- Discount for Russia's Urals crude oil is deepest since 2023, data showsRussian Urals oil faces its largest discount in three years from Baltic ports. Western sanctions are the cause. This impacts Russia's budge...
- India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year highChina’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...
- Tankers deliver Russian crude to India despite US, EU pressureDespite US pressure and potential punitive actions, India continues to import Russian crude oil. Several tankers discharged millions of bar...
- Reliance & other Indian private refiners dominate buying of main Russia oil gradeIndia has purchased 80% of Russia’s seaborne Urals crude exports so far in 2025, with Reliance Industries and Nayara Energy accounting for ...
- Russian oil sold to India at 30% above Western price cap: TradersRussia is selling oil to India at a price of nearly $80 per barrel, which is $20 above the Western price cap. This is due to tight global o...
- India continues as top buyer of Russian Urals oil in August despite price hikesRussia's high dependence on India as its main oil buyer is a rising concern for its oil companies this month, as an expected rise in loadin...
- Low discount? No problem. India has no plans to stop binging on Russian oilIndia’s consumption of Russian crude has soared since last year, with the country becoming a leading supplier, ousting Saudi Arabia and Ira...
- India and China snap up Russian oil in April above 'price cap'That means the Kremlin is enjoying stronger revenues despite the West's attempts to curb funds for Russia's military operations in Ukraine....
- India remains top destination for Russian Urals oil in AprilAttractive prices for Urals mean good margins for Indian refiners while term contracts between Russian and Indian companies and lower freig...
- India Oil Imports: Saudi gain is Moscow's lossRussia supplied a record 1.64 million barrels per day (mbd) of crude to Indian refiners in March, higher than 1.58 mbd in February, Vortexa...
- Russia shifts to Dubai benchmark in Indian oil deal: SourcesRussia's top oil producer, Rosneft, and India's leading refiner, Indian Oil Corp (IOC), have abandoned the Brent benchmark in favour of usi...
- Indian demand for Urals crude keeps Russia's exports upIn March, India's purchases of Urals oil accounted for more than 65% of total seaborne exports of Urals, Refinitiv data showed. Traders sai...
- India to remain top buyer of Russia's Urals crude in Dec -sources, dataVolumes and India's share of the exports are expected to rise month on month despite a shorter loading plan for Russia's Western ports, tra...
- Exclusive-Russian oil sold to India below price cap in buyers' marketAlso on Dec. 5, the Group of Seven leading economies implemented a $60 price cap on Russian seaborne oil to try to limit Moscow's ability t...
- India bought 40% of Russian Urals oil in NovShipments to Europe, which was previously the largest consumer, amounted to slightly less than a quarter. Almost the entire volume was deli...
- Indian Oil buys 3 million barrels of Urals for May loading - trade sourcesThis is the second purchase of Urals by IOC since Russia invaded Ukraine on Feb. 24. It bought similar volumes of Urals from Vitol earlier ...
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