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India's Russian Oil Imports Rise 11.7% In Sept From Aug, Data Shows
India's crude oil imports from Russia rose by 11.7% to about 1.9 million barrels per day (bpd) in September, accounting for about two-fifths of the South Asian nation's overall crude imports in the month.
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Reliance To Buy 3 Million Barrels Of Russian Oil A Month In Roubles: Report
India's Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters.
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US Urges India To Maintain Implementation Of Russian Oil Price Cap
Two senior US treasury officials are in India to urge New Delhi to maintain the implementation of the oil price cap aimed at limiting profits to Russia, while also promoting stable global energy markets.
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Russia Says No Issues With Oil Payment From India
The Russian Foreign Ministry has said that deliveries of Russian oil to India are steadily high, with no payment issues encountered, the state-owned news agency TASS reported.
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Indian Refiners Buy More US Crude Amid Tighter Russia Sanctions
More than 250,000 barrels per day of US crude is set to arrive in India next month, the highest in more than a year, ship tracking data showed, amid tighter enforcement of sanctions on Russian crude.
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"Asked West To Mind Their Business": Russia Minister Praises S Jaishankar
External Affairs Minister Dr S Jaishankar has received praise from his Russia counterpart for asking the West "to mind their own business" when it questioned India's procurement of Russian oil after the Ukraine war began.
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New US Sanctions May Threaten Russian Oil Sales To India: Report
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter sa
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India And Russia Always Shared "Stable And Friendly Ties": S Jaishankar
External Affairs Minister S Jaishankar reaffirmed India's stance on buying Russian oil despite sanctions on Moscow amid military conflict with Ukraine.
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"Russia Has Never Hurt Our Interests": S Jaishankar To German Daily
India and Russia share a "stable and very friendly" relationship and Moscow has "never hurt out interests", External Affairs Minister S Jaishankar told German daily Handelsblatt this week.
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India's Oil Imports From Russia Hit 12-Month Low In January As Sanctions Bite
India's crude oil imports from its top supplier Russia fell for a second straight month in January to their lowest in a year as tighter Western sanctions hit supply of light sweet Sokol grade, preliminary ship tracking data showed.
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"If They Don't Offer Discount...": India As Russian Oil Imports Drop
India's oil imports from Russia fell due to unattractive pricing and not because of payment problems, Oil Minister Hardeep Singh Puri said on Wednesday.
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Russia Says Redirected Most Oil Exports From Europe To India, China
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.
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5 Million Barrels Of Russian Sokol Oil Stuck En Route To India: Report
Almost five million barrels of Russia's Sokol grade crude has failed to reach Indian refiners over the past four weeks, Bloomberg News reported on Wednesday.
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Russia Makes Up 40% Of Indian Oil Imports: Report
The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed.
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India, Indonesia Risk Biggest Fallout From Geopolitical Shocks
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia's emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
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India's Russian Oil Imports Rise 11.7% In Sept From Aug, Data Shows
India's crude oil imports from Russia rose by 11.7% to about 1.9 million barrels per day (bpd) in September, accounting for about two-fifths of the South Asian nation's overall crude imports in the month.
-
Reliance To Buy 3 Million Barrels Of Russian Oil A Month In Roubles: Report
India's Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters.
-
US Urges India To Maintain Implementation Of Russian Oil Price Cap
Two senior US treasury officials are in India to urge New Delhi to maintain the implementation of the oil price cap aimed at limiting profits to Russia, while also promoting stable global energy markets.
-
Russia Says No Issues With Oil Payment From India
The Russian Foreign Ministry has said that deliveries of Russian oil to India are steadily high, with no payment issues encountered, the state-owned news agency TASS reported.
-
Indian Refiners Buy More US Crude Amid Tighter Russia Sanctions
More than 250,000 barrels per day of US crude is set to arrive in India next month, the highest in more than a year, ship tracking data showed, amid tighter enforcement of sanctions on Russian crude.
-
"Asked West To Mind Their Business": Russia Minister Praises S Jaishankar
External Affairs Minister Dr S Jaishankar has received praise from his Russia counterpart for asking the West "to mind their own business" when it questioned India's procurement of Russian oil after the Ukraine war began.
-
New US Sanctions May Threaten Russian Oil Sales To India: Report
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter sa
-
India And Russia Always Shared "Stable And Friendly Ties": S Jaishankar
External Affairs Minister S Jaishankar reaffirmed India's stance on buying Russian oil despite sanctions on Moscow amid military conflict with Ukraine.
-
"Russia Has Never Hurt Our Interests": S Jaishankar To German Daily
India and Russia share a "stable and very friendly" relationship and Moscow has "never hurt out interests", External Affairs Minister S Jaishankar told German daily Handelsblatt this week.
-
India's Oil Imports From Russia Hit 12-Month Low In January As Sanctions Bite
India's crude oil imports from its top supplier Russia fell for a second straight month in January to their lowest in a year as tighter Western sanctions hit supply of light sweet Sokol grade, preliminary ship tracking data showed.
-
"If They Don't Offer Discount...": India As Russian Oil Imports Drop
India's oil imports from Russia fell due to unattractive pricing and not because of payment problems, Oil Minister Hardeep Singh Puri said on Wednesday.
-
Russia Says Redirected Most Oil Exports From Europe To India, China
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.
-
5 Million Barrels Of Russian Sokol Oil Stuck En Route To India: Report
Almost five million barrels of Russia's Sokol grade crude has failed to reach Indian refiners over the past four weeks, Bloomberg News reported on Wednesday.
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Russia Makes Up 40% Of Indian Oil Imports: Report
The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed.
-
India, Indonesia Risk Biggest Fallout From Geopolitical Shocks
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia's emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
