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URALS CRUDE
Indian captain of sanctioned Russian oil tanker arrested in UK; family seeks government interventionAn Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...- EU weighs temporary freeze on Russia oil price cap over Iran war: ReportThe European Union is considering freezing its price cap on Russian oil as the conflict in West Asia and disruptions to shipping through th...
- US waiver unlikely to lift Russian oil exports already near capacityThe US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure i...
- '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 drives Russian oil windfall as Urals crude hits highest level since 2023Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...
- Ukraine says it hits Russian oil pumping station 1,500 km awayKyiv has stepped up its attacks inside Russia in recent weeks, aiming to knock out oil refineries, depots and ports and cripple Moscow's bi...
- Rising input costs continue to pressure Reliance’s O2C business: Yogesh PatilReliance Industries navigates tough market conditions. Refining margins face volatility due to rising costs. Global crack spreads show impr...
- 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...
- China refiners grab Russian oil as Trump menaces flows to IndiaChinese oil refiners are increasing their purchases of discounted Russian Urals crude, capitalizing on India's reduced intake due to increa...
- Indian state refiners eye Russian oil as discounts rise ahead of Trump-Putin talks, sources sayIndian state refiners, including Indian Oil Corp, have resumed exploring purchases of Russia's Urals crude oil. This decision follows a wid...
- 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 freight rates to India ease further, proposed EU curbs may reverse trendRussian oil shipment costs from Baltic ports to India decreased between late May and early June. High tanker availability contributed to th...
- India's import of Russian oil drops in November on shrinking discountsIndia's November imports of Russian crude oil plummeted to their lowest point since June 2022, despite Russia remaining India's primary sup...
- 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...
- Pakistan's imports of Russian crude face port, refinery, currency constraintsPakistan is struggling to achieve its target of having two-thirds of its crude oil imports come from Russia, due to constraints such as a s...
- 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...
- Putin signs law setting discount on Urals crude oil for tax calculationsThe law, passed by parliament last week, changes the oil price assumptions that Moscow uses to calculate its multi-billion rouble tax levy ...
- 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...
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