Search For "russian crude oil"
Reliance rejects claims of Russian Oil cargos coming to Jamnagar refinery,
Updated : 7 months, 3 weeks 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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Russian crude curbs, lower oil prices to shape earnings outlook for IOC, B
Updated : 8 months, 1 week 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 : 8 months, 2 weeks 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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"Tariff imposed out of fear if India grows bigger": RSS chief Mohan Bhagwa
Updated : 11 months ago IST
"People fear what would happen to them if someone else grows bigger. Where will they be if India grows? So, they imposed a tariff," Bhagwat said, without naming any country.
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US disappointed by India's Russian oil imports, hopes to improve ties: Tru
Updated : 11 months ago IST
White House Economic Advisor Kevin Hassett has said that US President Donald Trump and the trade team are "disappointed" with India's continued imports of Russian crude oil, but hoped for positive developments.
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ONGC refineries purchase Russian crude oil when economically viable: Chair
Updated : 11 months ago IST
"ONGC refineries purchase Russian crude oil when it is economically viable, and based on spot market prices. If prices are competitive, our refineries will definitely buy. If it is not competitive, we will run our refineries from other sources," Singh told ANI.
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India is cozying up to Xi Jinping, Kremlin's laundromat, claims White Hous
Updated : 1 year ago IST
White House Trade Adviser Peter Navarro on Thursday (local time) claimed that India is cozying up to China's President Xi Jinping, adding New Delhi of acting as a "laundromat for the Kremlin" by purchasing discounted Russian crude oil, refining it, and selling the products at a premium gl
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"If the West criticises, it means you are doing everything right," Russia'
Updated : 1 year ago IST
Babushkin also hit out at Washington's tariff decision and pressure on New Delhi over Russian crude oil, saying the moves were "unjustified and unilateral."
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Trump's official urges India to stop purchases of Russian oil for "funding
Updated : 1 year ago IST
White House trade adviser Peter Navarro has targeted Indian purchases of Russian crude oil, accusing it of funding Moscow's war in Ukraine and called on New Delhi to stop.
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India's fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if i
Updated : 1 year ago IST
India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
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India's resilient domestic demand and strength of services sector will mit
Updated : 1 year ago IST
India's strong domestic demand and the robust performance of its services sector will help cushion the economic impact of steep new US tariffs imposed as a penalty for continued imports of Russian crude oil, according to a report by Moody's Ratings.
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Pakistan suspends import of Russian crude oil
Updated : 3 years ago IST
The import of crude oil from Russia has been suspended after more furnace oil was produced than petrol during the refining process, according to sources in the energy sector, The News International reported on Sunday.
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