Search For "refiners"
"India responsible for stability in oil market," says US Envoy to India Se
Updated : 2 months, 1 week ago IST
In a post on X, Gor wrote, "India has been a great partner in maintaining stable oil prices around the world. The United States recognizes ongoing purchases of Russian oil are a part of this effort. India is one of the largest consumers and refiners of oil and it is essential for the Unit
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' Made this country a slave again': AAP's Saurabh Bhardwaj slams PM Modi o
Updated : 2 months, 1 week ago IST
AAP Delhi President, while speaking to ANI, said, "... PM Modi has made this country a slave again... India has never faced this kind of nationwide humiliation following the US Treasury Department's decision to grant a temporary 30-day waiver for Indian refiners to purchase Russian oil.
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Arvind Kejriwal demands PM Modi's resignation after US' waiver to purchase
Updated : 2 months, 1 week ago IST
In a post on X, Kejriwal questioned why India needed permission from the United States to buy oil from Russia. He alleged that in recent months the country had witnessed the Prime Minister repeatedly "bowing" before Donald Trump and failing to speak up strongly.
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"Compromised PM handing our energy sovereignty": KC Venugopal blasts Centr
Updated : 2 months, 1 week ago IST
In a post on X, Venugopal alleged that instead of standing up to the United States dictating terms, Prime Minister Narendra Modi was compromising India's energy sovereignty.
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"How long will this American blackmail go on?" Jairam Ramesh corners Centr
Updated : 2 months, 1 week ago IST
Congress MP Jairam Ramesh on Friday cornered the Central government after US permitted Indian refiners to purchase Russian oil, which he believed is "American blackmail" on India.
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US permits 30-day waiver for India to purchase Russian Oil, as conflict pu
Updated : 2 months, 1 week ago IST
United States on Friday (local time) issued a temporary waiver allowing Indian refiners to continue purchasing Russian oil already stranded at sea for the next 30 days to enable oil to keep flowing into the global market.
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Crude linked sectors, basmati rice will be impacted if Middle East crisis
Updated : 2 months, 1 week ago IST
Crude-linked sectors such as downstream oil refiners, tyres, paints, speciality chemicals, flexible packaging and synthetic textiles may also be affected if energy prices remain elevated. India imports around 85 per cent of its crude oil and half of its LNG requirement, with about 40-50 per
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India's crude import costs rise as Russian share dips, amid pressure to re
Updated : 7 months ago IST
India's average crude import cost has increased sharply versus the Dubai benchmark, in FY2026 so far, even as the share of Russian crude in the country's oil basket has declined, said Kotak Institutional Equities in its latest report.
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Indian refiners' "signalling" reduction of Russian oil imports, claims US
Updated : 7 months, 3 weeks ago IST
In a release issued on Tuesday (local time), following the conclusion of his two-week mission to South Asia, Fitzpatrick claims that while in India, his delegation engaged in strategic discussions with senior officials, including the External Affairs Minister S Jaishankar and National Sec
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Indian Oil refiners continue to source oil from Russia
Updated : 9 months, 2 weeks ago IST
Their supply decisions are guided by price, grade of crude, inventories, logistics and other economic factors, the sources revealed.
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Indian refiners likely to face headwinds from new EU sanctions against Rus
Updated : 9 months, 2 weeks ago IST
Indian refiners are likely to be impacted by the European Union (EU) sanctions against Russia, as revealed in a recent report by ICRA.
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Edible oil refiners' revenue to dip 2-3% this fiscal despite volume growth
Updated : 10 months, 1 week ago IST
Indian edible oil refiners are set to see their revenues decline 2-3 per cent on-year to Rs 2.6 lakh crores this fiscal due to lower realisations, even as volumes grow 2.8-3.0 per cent on-year, according to the credit rating agency Crisil Ratings.
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