US sanctions on Russian oil set to kick in, with 48 million barrels of crude at seaNew US sanctions are set to disrupt Russian oil exports. Millions of barrels may be stranded as tankers seek new routes. Indian refiners ar...
21 Nov, 2025, 10.32 AM IST
Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources sayIn October, the shipping costs for Urals crude from Russia to India escalated sharply, propelled by fresh sanctions from the US and EU that...
24 Oct, 2025, 06.58 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
Russian oil supplies to India recover in March, sources sayIndia's oil imports from Russia have rebounded in March after three months of decline. Non-sanctioned vessels and diverted supplies from Tu...
12 Mar, 2025, 05.40 PM IST
Freight rates for shipping Russian Urals oil to India rise in February, sources sayFreight rates to ship Urals crude from Baltic ports to India increased by around 20% in February, resulting in costs up to $8 million per v...
13 Feb, 2025, 09.31 PM IST
Russia boosts oil revenues as shipping and trading network growsRussian oil exporters are selling oil to India at higher prices than at any time since the start of the Ukraine war, as more shippers and t...
14 Jun, 2024, 06.06 PM IST
New sanctions threaten Russian oil sales to IndiaThe sanctions target Russia's leading tanker group, Sovcomflot, which Washington accused of being involved in violating the G7's price cap ...
28 Feb, 2024, 12.54 PM IST
Russian crude oil share in imports dips to 25% in JanuaryRussian oil's share in India's crude imports dropped to 25% in Jan from 31% in Dec due to narrower price discounts, US sanctions impacting ...
03 Feb, 2024, 07.52 AM IST
India, China's crude oil imports from Russia in May breach all-time highs, shows shiptracking dataThe jump in Russian supplies comes ahead of a meeting between the Organization of the Petroleum Exporting Countries and their allies includ...
01 Jun, 2023, 04.49 PM IST
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....
18 Apr, 2023, 06.02 PM IST
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...
10 Apr, 2023, 09.45 PM IST
India jostles with China for April ESPO crude from Russia, prices jumpCompetition from India has narrowed discounts for April-loading ESPO shipments to about $6.80 a barrel against June ICE Brent DES basis to ...
10 Mar, 2023, 08.09 AM IST
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...
14 Dec, 2022, 07.07 PM IST
Why finding a real Russian oil price cap is proving so hard for the policymakers from EuropeTalks have so far focused on levels from $62 to $70 a barrel. Those who want the oil to keep flowing want a high cap, while those prepared ...
01 Dec, 2022, 05.54 AM IST
Oil freight at $100,000 piles pressure on crude marketsWith sanctions on Russia now forcing ships to take longer routes -- drying up the pool of available vessels -- oil companies and traders ar...
23 Nov, 2022, 09.23 AM IST
Russia has no extra oil to sign deals with two Indian buyers: SourcesIndian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Mo...
08 Jun, 2022, 08.09 PM IST
After IOC, HPCL buys 2 million bbl Russian crude, MRPL seeks 1 mn bblJust like IOC, HPCL also bought Russian Urals crude through European trader Vitol, sources with knowledge of the development said.
17 Mar, 2022, 06.40 PM IST