China kept building its crude stockpile in April despite Iran crisisChina is accumulating crude oil reserves even as imports decrease. This contrasts with global trends of depleting oil stocks. The nation's ...
21 May, 2026, 07.27 AM IST
India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources sayIndia has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns du...
11 May, 2026, 08.59 PM IST
Summer flights get costlier worldwide as jet fuel crisis and oil supply disruptions hit airlines hardAir travel may become costlier this summer as airlines face rising fuel prices and supply problems. Many carriers are cutting flights and i...
08 May, 2026, 01.41 AM IST
India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
26 Apr, 2026, 10.26 AM IST
Shadow of Hormuz: Why is the Gulf crisis turning all eyes to Malacca StraitThe Strait of Malacca, a vital global trade artery, faces increased scrutiny following disruptions elsewhere. This busy waterway connects E...
23 Apr, 2026, 02.08 PM IST
US oil floods Asia at record levels but still can’t fill the Hormuz gapAmid rising tensions with Iran, America finds itself in a pivotal moment as it channels unprecedented volumes of oil to Asia, following the...
21 Apr, 2026, 11.13 AM IST
Is it time to abandon hope the Strait of Hormuz will open soon?The closure of the Strait of Hormuz has thrown global oil markets into turmoil, deepening an energy crisis with far-reaching effects. Asia,...
20 Apr, 2026, 10.18 AM IST
Houthi rebels on high alert to confront "any aggression against the Yemeni people"Yemen's Houthi officials have issued strong warnings, with the Defence Minister stating rebels are on high alert for aggression. Deputy For...
19 Apr, 2026, 03.25 PM IST
Russia’s oil revenues nearly double to $19 billion in March: IEAAccording to the IEA, Russia’s crude oil exports rose by 270,000 barrels per day (bpd) month-on-month to 4.6 million bpd in March.
14 Apr, 2026, 01.42 PM IST
Russia's crude deliveries plunge as US sanctions begin to biteRussian oil exports have seen a significant drop. New US sanctions are causing major buyers like China, India, and Turkey to halt purchases...
05 Nov, 2025, 08.54 AM IST
Russian oil shifts to China as tariffs hit IndiaRussian crude oil shipments saw a rebound. This happened as China increased its intake. It compensated for reduced exports to India. This r...
02 Sep, 2025, 11.38 PM IST
How Trump's trade war is transforming Canada's oil exports to ChinaDonald Trump's trade policies have significantly reshaped commodity markets, prompting Canada to redirect its seaborne crude exports toward...
22 May, 2025, 11.58 AM IST
China, India top buyers of Russian seaborne fuel oil, VGO in Feb, LSEG data showsIn February, China and India remained primary destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports, as they sought al...
10 Apr, 2024, 03.09 PM IST
Russia continues to process high levels of crude mid-DecemberRussian daily crude refining in the first 20 days of December averaged around 5.57 million barrels a day, up almost 60,000 barrels a day on...
26 Dec, 2023, 08.06 AM IST
Russian oil is still powering Europe’s cars with help of IndiaIndia is on track to become Europe’s largest supplier of refined fuels this month while simultaneously buying record amounts of Russian cru...
28 Apr, 2023, 01.34 PM IST
How the EU's ban on Russian crude affects oil flowsThe EU imposed a ban on maritime Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...
18 Jan, 2023, 07.50 PM IST
Russia's oil deliveries to India are 30 per cent below peakThere’s still a long way to go before the drop in shipments hits the Kremlin's war chest hard enough to give President Vladimir Putin secon...
19 Jul, 2022, 10.06 PM IST