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US Was 5th Top Oil Seller To India In January, Russia At No.1: Report
India's oil imports from the United States rose sharply in January from December, turning Washington as the fifth largest oil supplier to New Delhi, data obtained from trade sources show.
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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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India's Vacuum Gasoil Exports To US Jump As West Shuns Russian Supplies
India stepped up vacuum gasoil (VGO) exports to the United States this year in an unusual trade flow for the oil product as the West seeks alternatives to replace Russian supplies, according to traders and data analytics firms.
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"We Are Ready To Deliver Oil": Iranian Ambassador To India
Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.
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Crude Prices Down 5% For The Week, But Supply Worries To Keep It Well Bid
Global crude markets have been whiplashed since Russia invaded Ukraine on February 24, with Brent and US futures trading above $100 for most of that duration, but benchmark crude prices fell in the latest trading week.
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Brent Oil Falls Over 1% To Below $112 In A Volatile Trading Session
The ebb and flow in investors' sentiment on global crude's demand-supply dynamics pushed futures down over 1 per cent on Tuesday; with the Russia-Ukraine war intensifying, supply concerns limited losses.
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Oil Prices Fall But Hold Above $100 A Barrel As Wild Gyrations In Crude Markets Continue
In another reflection of the wild gyrations in global crude markets, oil futures declined slightly after opening higher on Wednesday and having surged over 6% in the previous session.
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Brent Oil A Whisker Above $100 Per barrel As Crude Markets Extend Losses After Second Straight Weekly Decline
Crude markets started the week on a feeble note following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
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Oil Rises To Near $108, Paring Early Losses, On New Russian Sanctions' Threat
Oil prices rose on Wednesday, paring early losses, as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in US crude stockpiles and China's extended lockdown.
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Crude Markets' See-Saw Continues, With Brent Oil Just Below $107 A Barrel
After losing nearly 1 per cent in the previous session on a strong dollar, a build-up in the US crude stockpile, and Shanghai's extended lockdown fuelled fears of slower demand; the benchmark Brent crude was last up about 25 cents at $106.90 per barrel.
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Oil Prices Rise Over 1% To Near $109 A Barrel On More Russia Sanctions
Crude oil prices extended their gains to near $109 a barrel early on Tuesday as the focus remains on supply concerns, driven by expectations for more sanctions on Moscow following the US' decision to build a case against Russia for war crimes in Ukraine.
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Oil Prices Reverse Losses And Rises To Over $105 A Barrel
Oil prices reverse early losses and rise to over $105 a barrel on Monday in volatile trade as supply concerns continue from the Ukraine war and the lack of clarity on Iran oil, despite expected supply boost from the release of strategic reserves by the US and the International Energy Agency (IEA).
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Oil Prices Extend Losses After 13% Fall last Week; Biggest In 2 Years
Crude oil prices extended their losses early on Monday, after the biggest weekly fall in two years on supply hopes driven by a truce between the United Arab Emirates and the Iran-aligned Houthi group that would halt military operations on the border, alleviating some concerns about potential supply issues.
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Oil Falls To $104, On Course For Biggest Weekly Losses In 2 Years
Oil prices dipped in and out of the negative territory on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to discuss a release of emergency oil reserves alongside a supply boost by the US.
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US Was 5th Top Oil Seller To India In January, Russia At No.1: Report
India's oil imports from the United States rose sharply in January from December, turning Washington as the fifth largest oil supplier to New Delhi, data obtained from trade sources show.
-
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
-
India's Vacuum Gasoil Exports To US Jump As West Shuns Russian Supplies
India stepped up vacuum gasoil (VGO) exports to the United States this year in an unusual trade flow for the oil product as the West seeks alternatives to replace Russian supplies, according to traders and data analytics firms.
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"We Are Ready To Deliver Oil": Iranian Ambassador To India
Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.
-
Crude Prices Down 5% For The Week, But Supply Worries To Keep It Well Bid
Global crude markets have been whiplashed since Russia invaded Ukraine on February 24, with Brent and US futures trading above $100 for most of that duration, but benchmark crude prices fell in the latest trading week.
-
Brent Oil Falls Over 1% To Below $112 In A Volatile Trading Session
The ebb and flow in investors' sentiment on global crude's demand-supply dynamics pushed futures down over 1 per cent on Tuesday; with the Russia-Ukraine war intensifying, supply concerns limited losses.
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Oil Prices Fall But Hold Above $100 A Barrel As Wild Gyrations In Crude Markets Continue
In another reflection of the wild gyrations in global crude markets, oil futures declined slightly after opening higher on Wednesday and having surged over 6% in the previous session.
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Brent Oil A Whisker Above $100 Per barrel As Crude Markets Extend Losses After Second Straight Weekly Decline
Crude markets started the week on a feeble note following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
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Oil Rises To Near $108, Paring Early Losses, On New Russian Sanctions' Threat
Oil prices rose on Wednesday, paring early losses, as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in US crude stockpiles and China's extended lockdown.
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Crude Markets' See-Saw Continues, With Brent Oil Just Below $107 A Barrel
After losing nearly 1 per cent in the previous session on a strong dollar, a build-up in the US crude stockpile, and Shanghai's extended lockdown fuelled fears of slower demand; the benchmark Brent crude was last up about 25 cents at $106.90 per barrel.
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Oil Prices Rise Over 1% To Near $109 A Barrel On More Russia Sanctions
Crude oil prices extended their gains to near $109 a barrel early on Tuesday as the focus remains on supply concerns, driven by expectations for more sanctions on Moscow following the US' decision to build a case against Russia for war crimes in Ukraine.
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Oil Prices Reverse Losses And Rises To Over $105 A Barrel
Oil prices reverse early losses and rise to over $105 a barrel on Monday in volatile trade as supply concerns continue from the Ukraine war and the lack of clarity on Iran oil, despite expected supply boost from the release of strategic reserves by the US and the International Energy Agency (IEA).
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Oil Prices Extend Losses After 13% Fall last Week; Biggest In 2 Years
Crude oil prices extended their losses early on Monday, after the biggest weekly fall in two years on supply hopes driven by a truce between the United Arab Emirates and the Iran-aligned Houthi group that would halt military operations on the border, alleviating some concerns about potential supply issues.
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Oil Falls To $104, On Course For Biggest Weekly Losses In 2 Years
Oil prices dipped in and out of the negative territory on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to discuss a release of emergency oil reserves alongside a supply boost by the US.
