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China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
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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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Sanction-Hit Russia Announces Deal To Boost Oil Supplies To India: Report
Russian energy giant Rosneft announced a deal on Wednesday to ramp up oil sales to India, as Moscow seeks new buyers in the wake of tensions with the West over the Ukraine conflict.
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Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
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Indian Oil Quells Fuel Shortage Rumours, Says Supply "Absolutely Normal"
Indian Oil Corporation had to issue a clarification on Tuesday evening that fuel availability in all its outlets is absolutely normal
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Despite Indonesia Ban, India's May Palm Oil Imports Rose To 7-Month High
India's May palm oil imports were its highest in seven months as it overcame curbs on Indonesian exports by taking supplies from other nations
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Private Refiners Rake In Profits From Cheap Russian Crude Purchase
Indian private refiners such as Reliance and Nayara have been among the biggest buyers this year of discounted Russian supplies
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Russia Jumps To 4th Position As Oil Supplier To India
Russia's share in India's oil purchases rose to a record 6%, about 277,000 barrels per day (bpd) in April, up from about 66,000 bpd in March, when it was in 10th position, according to the data, which was supplied by trade sources.
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Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
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Singapore Court Jails Indian-Origin Man, 39, For Accepting Bribes: Report
An Indian-origin man was among three surveyors who were jailed for four to eight months on Thursday by a Singapore court for accepting bribes to cover up the unauthorised transfer of marine gas to vessels that were supplied to oil giant Shell.
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Petrol Dealers Urge Oil Companies To Restore Diesel Supply
The Consortium of Indian Petroleum Dealers (CIPD) has requested the oil marketing companies to restore normal supply of diesel
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India Says Sudden Halt To Russian Oil Imports Would Hurt Citizens
India defended its continued purchases of Russian oil saying they were part of its long-standing effort to diversify its supplies and arguing a sudden halt to imports would jack up world prices and hurt its consumers.
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Indian Refiners' March Crude Processing Rises 6.4% Year-On-Year
India's fuel demand rose to a three-year high in March as the market accumulated supplies foreseeing price spikes while easing COVID-related curbs boosted demand.
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Rupee Falls To Near One-Month Low On Inflation Surge And Higher Oil
The rupee weakened to its lowest in nearly a month, tracking a decline in domestic stocks as inflation surged and as oil prices climbed to their highest in nearly three weeks on supply fears from the prospect of more sanctions on Russia as the crisis in Ukraine deepens.
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Indian Crude Oil Basket Prices On The Rise Again; Up Over 8% Last Week
The Indian crude oil basket price is rising again, tracking the run-up in global oil markets on supply concerns as the Russia-Ukraine war intensifies.
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China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
-
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
-
Sanction-Hit Russia Announces Deal To Boost Oil Supplies To India: Report
Russian energy giant Rosneft announced a deal on Wednesday to ramp up oil sales to India, as Moscow seeks new buyers in the wake of tensions with the West over the Ukraine conflict.
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Indian Oil Quells Fuel Shortage Rumours, Says Supply "Absolutely Normal"
Indian Oil Corporation had to issue a clarification on Tuesday evening that fuel availability in all its outlets is absolutely normal
-
Despite Indonesia Ban, India's May Palm Oil Imports Rose To 7-Month High
India's May palm oil imports were its highest in seven months as it overcame curbs on Indonesian exports by taking supplies from other nations
-
Private Refiners Rake In Profits From Cheap Russian Crude Purchase
Indian private refiners such as Reliance and Nayara have been among the biggest buyers this year of discounted Russian supplies
-
Russia Jumps To 4th Position As Oil Supplier To India
Russia's share in India's oil purchases rose to a record 6%, about 277,000 barrels per day (bpd) in April, up from about 66,000 bpd in March, when it was in 10th position, according to the data, which was supplied by trade sources.
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Singapore Court Jails Indian-Origin Man, 39, For Accepting Bribes: Report
An Indian-origin man was among three surveyors who were jailed for four to eight months on Thursday by a Singapore court for accepting bribes to cover up the unauthorised transfer of marine gas to vessels that were supplied to oil giant Shell.
-
Petrol Dealers Urge Oil Companies To Restore Diesel Supply
The Consortium of Indian Petroleum Dealers (CIPD) has requested the oil marketing companies to restore normal supply of diesel
-
India Says Sudden Halt To Russian Oil Imports Would Hurt Citizens
India defended its continued purchases of Russian oil saying they were part of its long-standing effort to diversify its supplies and arguing a sudden halt to imports would jack up world prices and hurt its consumers.
-
Indian Refiners' March Crude Processing Rises 6.4% Year-On-Year
India's fuel demand rose to a three-year high in March as the market accumulated supplies foreseeing price spikes while easing COVID-related curbs boosted demand.
-
Rupee Falls To Near One-Month Low On Inflation Surge And Higher Oil
The rupee weakened to its lowest in nearly a month, tracking a decline in domestic stocks as inflation surged and as oil prices climbed to their highest in nearly three weeks on supply fears from the prospect of more sanctions on Russia as the crisis in Ukraine deepens.
-
Indian Crude Oil Basket Prices On The Rise Again; Up Over 8% Last Week
The Indian crude oil basket price is rising again, tracking the run-up in global oil markets on supply concerns as the Russia-Ukraine war intensifies.
