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URALS MARKET
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 doubles Russia's main oil revenue to $9 billion in AprilIn a remarkable twist for Russia's economy, oil tax revenues are projected to soar to $9 billion by April, doubling amidst the turbulent gl...
- Oil retailers losing Rs 21 per litre on petrol and Rs 28 on diesel: JefferiesIndian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litr...
- 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...
- 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 ...
- Oil stocks fall up to 8% on crude price uptick. IOC dragged mostBoth IOC and HPCL have given multibagger returns of 128% and 116%, respectively over the past 12 months while returns by BPCL have been to ...
- BPCL avoiding Russian Sokol crude oil purchases due to payment issues: SourceUrals oil, Russia's flagship export blend loaded from its western ports, is mostly supplied to Asia due to a European Union embargo on Russ...
- Russian oil sold to India at 30% above Western price cap: TradersRussia 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...
- 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...
- 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...
- 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...
- 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...
- Russia shifts to Dubai benchmark in Indian oil deal: SourcesRussia's top oil producer, Rosneft, and India's leading refiner, Indian Oil Corp (IOC), have abandoned the Brent benchmark in favour of usi...
- 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...
- 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...
- Mitsubishi to enter Russian power plant mkt: reportJapan's Mitsubishi Heavy Industries Ltd plans to enter the market for power plant facilities in Russia under a tie-up with conglomerate Ren...
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