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Rising input costs continue to pressure Reliance’s O2C business: Yogesh PatilReliance Industries navigates tough market conditions. Refining margins face volatility due to rising costs. Global crack spreads show impr...- Millions of barrels of Russian oil are already close to IndiaIndia is set to receive millions of barrels of Russian oil. A US waiver allows these purchases amid Middle East supply shortages. Tankers c...
- India's spend on Russian oil falls to €2 billion, half of China's €4 billion in JanChina's January spending on Russian crude doubled to ₹4 billion, a significant increase from previous months, while India's spending fell t...
- Russia's western oil exports set to decline 8% in January, sources sayRussian crude oil exports from western ports are set to decrease in January. This is due to increased domestic refinery activity and possib...
- Russian oil tankers line up near China as India pulls backAt least five vessels carrying about 3.4 million barrels were idling in the Yellow Sea as of Wednesday, double the volume of last week and ...
- 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...
- 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 ...
- 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...
- 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...
- 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 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....
- 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...
- Russia's oil export ban may bolster India crude importsThe West, which insists on a strict price cap on supplies from Moscow, has already imposed a ban on the bulk of Russian crude exports. Some...
- 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...
- 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 ...
- 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 ...
- There's a flipside to buying Russian oil with a $35 discountThe stance won’t exactly please the Americans. However, it’s no more opportunistic than Europe continuing to buy Russian gas more than a mo...
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