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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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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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Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India
Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year.
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India, China Bought 80% Of Russia's Oil In May: International Energy Body
India and China, the world's top oil users, continued to lap up heavily discounted Russian crude oil, buying as much as 80 per cent of the oil that Moscow exported in May, the International Energy Agency (IEA) said in a report.
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Fuels From Russian Oil Gets Backdoor Entry Into Europe Via India: Report
Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed.
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India Planning To Extend Restrictions On Fuel Export: Report
India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month to ensure the availability of refined fuels for the domestic market, two government sources said.
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India Vies With China Over Russian Crude, Prices Rise
China, which is set to import record volumes of Russian crude in March, typically sweeps up all of the ESPO crude exported from the Pacific port of Kozmino due to close proximity while sanctions on Russian oil have shrunk the pool of buyers.
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Why Russia Favours Indian Market Despite China's Surging Oil Demand
While China could "buy literally the entire Russian oil exports" as it abandons Covid-zero policies, Russia will want to keep the Indian market because it is more lucrative.
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"Comfortable" With India Approach On Russian Oil, No Sanctions: US
The US is not looking at sanctioning India over its oil purchase from Russia, Karen Donfried, US Assistant Secretary of State for European and Eurasian Affairs, said on Wednesday.
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Russia Becomes India's Top Oil Supplier In October: Report
Russia has become India's top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa.
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"US Will React To Saudi Arabia": Biden After OPEC+ Group Cuts Oil Output
US President Joe Biden on Wednesday said his administration will take action against Saudi Arabia after the Riyadh-led OPEC+ alliance announced plans to cut oil production, a move that America said would support oil exporters such as Russia
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India's Imports Of Cheap Russian Crude Surge Since Ukraine Invasion
The volumes of India's seaborne oil imports from Russia exclude CPC Blend oil, which is also exported via Russia's Black Sea port, but mostly supplied by Kazakhstan's subsidiaries of western countries as transit volumes.
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India Gorges On Cheap Russian Crude, But Its Fuel Exports At Risk: Russell
Imports of Russian crude by India hit a record high in May, and will likely rise again in June, according to data compiled by commodity analysts Kpler.
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Russian Oil Tankers Get India Safety Cover Via Dubai Company: Report
India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow.
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Russia Becomes India's Second Biggest Oil Exporter - Report
India's oil imports in May totalled 4.98 million bpd, the highest since December 2020, as state refiners raised output to meet growing local demand.
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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.
-
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.
-
Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India
Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year.
-
India, China Bought 80% Of Russia's Oil In May: International Energy Body
India and China, the world's top oil users, continued to lap up heavily discounted Russian crude oil, buying as much as 80 per cent of the oil that Moscow exported in May, the International Energy Agency (IEA) said in a report.
-
Fuels From Russian Oil Gets Backdoor Entry Into Europe Via India: Report
Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed.
-
India Planning To Extend Restrictions On Fuel Export: Report
India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month to ensure the availability of refined fuels for the domestic market, two government sources said.
-
India Vies With China Over Russian Crude, Prices Rise
China, which is set to import record volumes of Russian crude in March, typically sweeps up all of the ESPO crude exported from the Pacific port of Kozmino due to close proximity while sanctions on Russian oil have shrunk the pool of buyers.
-
Why Russia Favours Indian Market Despite China's Surging Oil Demand
While China could "buy literally the entire Russian oil exports" as it abandons Covid-zero policies, Russia will want to keep the Indian market because it is more lucrative.
-
"Comfortable" With India Approach On Russian Oil, No Sanctions: US
The US is not looking at sanctioning India over its oil purchase from Russia, Karen Donfried, US Assistant Secretary of State for European and Eurasian Affairs, said on Wednesday.
-
Russia Becomes India's Top Oil Supplier In October: Report
Russia has become India's top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa.
-
"US Will React To Saudi Arabia": Biden After OPEC+ Group Cuts Oil Output
US President Joe Biden on Wednesday said his administration will take action against Saudi Arabia after the Riyadh-led OPEC+ alliance announced plans to cut oil production, a move that America said would support oil exporters such as Russia
-
India's Imports Of Cheap Russian Crude Surge Since Ukraine Invasion
The volumes of India's seaborne oil imports from Russia exclude CPC Blend oil, which is also exported via Russia's Black Sea port, but mostly supplied by Kazakhstan's subsidiaries of western countries as transit volumes.
-
India Gorges On Cheap Russian Crude, But Its Fuel Exports At Risk: Russell
Imports of Russian crude by India hit a record high in May, and will likely rise again in June, according to data compiled by commodity analysts Kpler.
-
Russian Oil Tankers Get India Safety Cover Via Dubai Company: Report
India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow.
-
Russia Becomes India's Second Biggest Oil Exporter - Report
India's oil imports in May totalled 4.98 million bpd, the highest since December 2020, as state refiners raised output to meet growing local demand.
