India is set to receive millions of barrels of Russian oil. A US waiver allows these purchases amid Middle East supply shortages. Tankers c...

Russian Urals oil faces its largest discount in three years from Baltic ports. Western sanctions are the cause. This impacts Russia's budge...

China’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...

Despite US pressure and potential punitive actions, India continues to import Russian crude oil. Several tankers discharged millions of bar...

India has purchased 80% of Russia’s seaborne Urals crude exports so far in 2025, with Reliance Industries and Nayara Energy accounting for ...

Russia 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...

Russia'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...

India’s consumption of Russian crude has soared since last year, with the country becoming a leading supplier, ousting Saudi Arabia and Ira...

That means the Kremlin is enjoying stronger revenues despite the West's attempts to curb funds for Russia's military operations in Ukraine....

Attractive prices for Urals mean good margins for Indian refiners while term contracts between Russian and Indian companies and lower freig...

Russia 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's top oil producer, Rosneft, and India's leading refiner, Indian Oil Corp (IOC), have abandoned the Brent benchmark in favour of usi...

In March, India's purchases of Urals oil accounted for more than 65% of total seaborne exports of Urals, Refinitiv data showed. Traders sai...

Volumes 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...

Also 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...

Shipments to Europe, which was previously the largest consumer, amounted to slightly less than a quarter. Almost the entire volume was deli...

This is the second purchase of Urals by IOC since Russia invaded Ukraine on Feb. 24. It bought similar volumes of Urals from Vitol earlier ...