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URALS OIL IMPORTS
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- 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...04 Aug, 2025, 01.51 PM IST
- 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 ...25 Jun, 2025, 03.38 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
- African crude makes up for fall in Russian importsRussia's share in India's imported crude market shrank to 30% in December from 34.5% in November. Africa's share increased to 7.6% from 4.7...05 Jan, 2024, 12.28 AM IST
- 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...28 Sep, 2023, 01.55 PM IST
- Share of Russia crude in oil imports falls to 34 per cent in AugustSupplies from Russia fell 23% month-on-month to 1.47 million barrels per day (mbd) in August, even as India's overall crude imports fell 5%...03 Sep, 2023, 10.58 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's oil imports from Russia seen peaking in May amid China competitionRussia remained the leading crude supplier to India in April, increasing its market share to 36%, up from 33.8% in March. However, Russia's...04 May, 2023, 11.49 AM 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
- 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...03 Apr, 2023, 02.20 PM IST
- 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...27 Mar, 2023, 09.58 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
- 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
- India's IOC buys 4 mln barrels of crude via tenders: SourcesThe refiner bought 2 million barrels of Murban crude and another 2 million of West African crude, they added. It was not immediately clear ...13 Apr, 2022, 08.46 AM IST
- Indian Oil buys 3 million barrels of Urals for May loading - trade sourcesThis is the second purchase of Urals by IOC since Russia invaded Ukraine on Feb. 24. It bought similar volumes of Urals from Vitol earlier ...23 Mar, 2022, 10.27 PM IST
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