Search For "russian crude"
"People importing from Russia are objecting to us for importing from Russi
Updated : 7 months ago IST
Naidu also said that India would not "compromise or succumb to pressure from anybody" despite tensions with Washington over Russian crude purchases and the recent imposition of additional US tariffs on Indian goods.
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India's fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if i
Updated : 7 months, 1 week 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 : 7 months, 1 week 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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Nifty down 0.6%, Sensex lost 500 pts in opening amid 25% US tariff, Expert
Updated : 7 months, 1 week ago IST
Indian stock markets opened sharply lower on Thursday, witnessing a major sell-off after US President Donald Trump announced a 25 per cent tariff on Indian goods, along with penalties on purchases of Russian crude and defence equipment.
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S&P Global warns geopolitical tensions may hit global oil demand
Updated : 8 months, 2 weeks ago IST
The latest report by S&P Global highlights that geopolitical tensions and shifting trade policies could potentially have a negative impact on the global oil demand.
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Red Sea threats unlikely to deter Russia's dominance as India's top crude
Updated : 2 years, 2 months ago IST
According to S&P Global Commodity Insights, India's resilient demand for Russian crude, constituting over 35 per cent of its total imports in 2023, remains steadfast.
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S&P Global Commodity insights: Russian crude demand in India holds fir
Updated : 2 years, 2 months ago IST
Analysis from S&P Global Commodity Insights indicates that while Indian refineries have moderated their appetite for Russian crude in recent months compared to the first half of 2023, Russia maintains its position as the top supplier, contributing over 35 per cent of India's total crude
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India's Russian crude imports prevented price surge in global oil market
Updated : 2 years, 2 months ago IST
The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal in averting potential chaos in the crude oil market and preventing a surge in prices by approximately USD 30-USD 40 per barrel.
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Pakistan suspends import of Russian crude oil
Updated : 2 years, 7 months 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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Russia unhappy with Pakistan’s delay in setting up Special Purpose Vehicle
Updated : 2 years, 7 months ago IST
Russia is unhappy with Pakistan’s delay in setting up a Special Purpose Vehicle (SPV) to handle payments and shipments, Dawn reported.
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"Shrouded in secrecy," Pakistan trumpets its Russian oil imports: Report
Updated : 2 years, 8 months ago IST
On Sunday, a ship docked at the port of Karachi with the equivalent of around 3,30,000 barrels of Russian crude oil. Next week, a different vessel with a little bit more oil is anticipated. Shehbaz Sharif, the prime minister of Pakistan, referred to the imports as transformative for the nati
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"Look at EU Council regulations...": Jaishankar on import of Russian oil
Updated : 2 years, 10 months ago IST
"Look at EU council regulations, Russian crude is substantially transformed in the third country and not treated as Russian anymore. I would urge you to look at Council's regulation," said Jaishankar.
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