US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...
01 Apr, 2026, 07.51 AM IST
Russian oil flows to India set to surge ahead of US sanctionsIndian refiners are set to receive more Russian crude oil in November. This surge is driven by the approaching deadline for US sanctions on...
03 Nov, 2025, 11.55 PM IST
India's crude import from US surges to highest since 2022India's crude oil imports from the United States surged in October to their highest point since 2022. This increase is driven by favorable ...
27 Oct, 2025, 07.49 PM IST
Explained: India's Russian oil trade and options before itUS President Trump claimed India will halt Russian oil buys, but Indian refiners await government clarity. Russia remains India's top oil s...
16 Oct, 2025, 08.40 PM IST
Bharat Petroleum said to have bought 10 million barrels of US oil via 5-month tenderBharat Petroleum Corp has awarded Glencore a tender for 10 million barrels of U.S. oil, boosting India's energy ties with the U.S. This dea...
14 Aug, 2025, 06.09 PM IST
Indian refiners can do without Russian oil, but with trade-offsIndian refiners, heavily reliant on discounted Russian oil for high distillate yields, face significant challenges if supplies are disrupte...
11 Aug, 2025, 08.20 PM IST
Indian Oil Corp buys 7 million barrels US, Mideast crude after Russian oil pause: reportIndian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, and the Middle ...
04 Aug, 2025, 04.36 PM IST
China's retaliatory tariffs on crude likely to push US exports lower in 2025Beijing's 10% tariffs on U.S. crude could cause a decline in U.S. oil exports in 2025. The growth stagnated in 2024 amid shale production c...
06 Feb, 2025, 01.01 PM IST
Indian refiners shift crude strategy amid fears of Russian oil supply shocksIndian and Chinese refiners are increasing purchases of crude from the Middle East and the Atlantic Basin due to reduced availability and h...
11 Jan, 2025, 11.16 AM IST
Headache for OPEC as oil market structure signals return of glutThe group will either have to consider further production cuts or tolerate lower oil prices for longer.
31 Jul, 2020, 11.56 AM IST
Trump vows oil rescue that he’s been powerless to deliverWest Texas Intermediate futures plunged below zero Monday and the sector has hemorrhaged an estimated 51,000 drilling and refining jobs in ...
22 Apr, 2020, 09.43 AM IST
Crude oil futures slide as pandemic darkens demand outlookThe oil markets are enduring a twin shock of demand destruction caused by the coronavirus pandemic and the Saudi-Russia price war that is f...
30 Mar, 2020, 07.43 AM IST
Indian refiners get rare oil cheap as Coronavirus chokes demand in ChinaBPCL will receive a million barrels each of Brazil's Sapinhoa and Mediterranean CPC blend in April.
25 Feb, 2020, 05.14 PM IST
Opec & Russia better not poke the shale oil bear; here’s whyThe shale oil boom has left crude sloshing around the US, resulting in a local oversupply.
28 May, 2018, 09.21 PM IST
Indian Oil Corp buys first shale oil from USIOC bought 1.9 million barrels of US crude in its second import tender seeking oil from the Americas, company Director (Finance) A K Sharma...
13 Aug, 2017, 12.52 PM IST