Search For "russian crude"
"Russia's policy is very dangerous": Polish Institute of International Aff
Updated : 1 week, 1 day ago IST
International experts at the Raisina Dialogue 2026 underscored India's strategic autonomy and evolving global role. Amidst a 30-day US waiver for Russian oil, diplomats from Poland, the OECD, and Austria emphasised that while diversification is key, India remains a trusted, essential partner
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Rupee to face continued depreciation pressures: Kotak Securities
Updated : 1 week, 3 days ago IST
Anindya Banerjee, Head of Commodity and Currency Research at Kotak Securities, on Wednesday stated that with crude oil prices remaining elevated, the rupee is likely to face continued depreciation pressures.
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India has 8 weeks of crude oil and petroleum products inventory: Govt sour
Updated : 1 week, 4 days ago IST
The sources further stated that India is in a comfortable position with respect to LPG and LNG supplies. The government, according to sources, is keeping a close watch on the global energy market to ensure uninterrupted supplies for the country.
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US tariff rollback, EU deal mark a reset in India's trade and foreign poli
Updated : 1 month ago IST
Speaking to ANI, Sachdev said the US decision to reduce duties from a peak of 50% to 18% has removed a major irritant in bilateral ties, which had strained relations since April's Liberation Day announcement by US President Donald Trump. India had initially faced a 25% reciprocal tariff, fol
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India could cut fuel import bill by USD 3 billion by switching to Venezuel
Updated : 1 month, 1 week ago IST
India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according to a new report by State Bank of India (SBI) Research.
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Indian markets open lower as US tariff threat, FPI outflows weigh on senti
Updated : 2 months ago IST
Selling pressure continued to hang over domestic equity markets in the opening session on Friday as benchmark indices opened in the red, weighed down by persistent 500 per cent US tariff threats on countries importing Russian crude and record foreign portfolio investor (FPI) outflows.
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"More options you have, more you are protected from vagaries of any one co
Updated : 2 months ago IST
Tharoor's remarks came against the backdrop of statements by US President Trump, who said he shared a "very good relationship" with Prime Minister Modi but expressed displeasure over India paying high tariffs and purchasing oil from Russia. Trump claimed that tariffs totalling 50 per cent
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Reliance rejects claims of Russian Oil cargos coming to Jamnagar refinery,
Updated : 2 months, 1 week ago IST
In a statement posted on X on Tuesday, Reliance Industries Limited said a Bloomberg report claiming that "three vessels laden with Russian Oil are heading for Reliance Industries Limited's Jamnagar refinery" was incorrect. The company said its Jamnagar refinery has not received any Russia
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Tariff threat over Russian oil puts India at crossroads: GTRI
Updated : 2 months, 1 week ago IST
On January 4, US President Donald Trump warned that Washington could raise tariffs on Indian imports if New Delhi does not stop purchasing Russian crude. The warning comes even as Indian exports to the US are already subject to a 50 per cent import tariff, half of which is directly linked to
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Russian crude curbs, lower oil prices to shape earnings outlook for IOC, B
Updated : 2 months, 3 weeks ago IST
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
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Russian Oil exports drop sharply in November as sanctions concerns weigh o
Updated : 3 months ago IST
Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 3 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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