He accused the US of seeking to "dominate global energy markets" and sideline Russian firms. Amid West Asia tensions, Lavrov highlighted th...

Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...

Kyiv has stepped up its attacks inside Russia in recent weeks, aiming to knock out oil refineries, depots and ports and cripple Moscow's bi...

Reliance Industries navigates tough market conditions. Refining margins face volatility due to rising costs. Global crack spreads show impr...

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...

Indian state refiners, including Indian Oil Corp, have resumed exploring purchases of Russia's Urals crude oil. This decision follows a wid...

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 ...

Urals oil, Russia's flagship export blend loaded from its western ports, is mostly supplied to Asia due to a European Union embargo on Russ...

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...

Pakistan 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...

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

The law, passed by parliament last week, changes the oil price assumptions that Moscow uses to calculate its multi-billion rouble tax levy ...

Russia currently uses Urals price assessments in Europe's Rotterdam and Augusta ports, provided by commodity price reporting agency Argus, ...

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...