Oil shipments to India face delivery hurdles on Mideast snarlsIndian refiners face disrupted oil shipments from the Middle East. Bharat Petroleum and Indian Oil experienced delayed crude oil deliveries...
02 Sep, 2026, 02.42 PM IST
China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
20 Aug, 2026, 10.23 AM IST
Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
12 Aug, 2026, 08.17 PM IST
India's Russian crude imports hit record for second straight monthIndia's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...
10 Aug, 2026, 04.34 PM IST
Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...
03 Aug, 2026, 10.14 PM IST
Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
30 Jul, 2026, 12.58 AM IST
India loses Russia oil discount as Red Sea, Hormuz risks upend crude marketsRussia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alter...
24 Jul, 2026, 12.55 PM IST
Indian refiners come to the rescue of Russia’s oil exportersIndia has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...
21 Jul, 2026, 08.51 PM IST
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...
19 Jan, 2026, 01.27 PM IST
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...
16 Jun, 2025, 02.20 PM IST
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...
15 Dec, 2024, 12.04 PM IST
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...
05 Sep, 2023, 08.12 PM IST
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...
11 Aug, 2023, 10.15 AM IST
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...
31 Jul, 2023, 04.03 PM IST
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...
04 Apr, 2023, 06.28 AM IST
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 ...
23 Feb, 2023, 10.04 PM IST
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...
16 Dec, 2022, 08.37 PM IST