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Thursday, September 4, 2025
TopicCrude oil

Topic: crude oil

ONGC plans trading unit for crude and fuel to leverage 100 million tonnes group oil portfolio

The trading unit will help ONGC look at sales and purchase of crude oil and refined fuels.

If India stopped buying Russian oil, China would gain and global prices would go up

The West should thank India for buying Russian oil and stabilising the global market.

More rhetoric than reality? What are ‘massive’ Pakistani oil reserves Trump has promised to develop

Remains to be seen whether US promise is more rhetoric than reality, Pakistani economist Javed Hassan tells ThePrint. He says Trump’s posts suggest desperation to get India deal. 

Jharkhand cops went looking for ‘crude oil thief’ in UP’s Mainpuri. He was sitting in Mathura jail

Mainpuri: A police team from Jharkhand landed up in Nagla Puwayan village in Uttar Pradesh’s Mainpuri district Tuesday. Their mission: to nab alleged ‘crude...

Russian crude refined in third country is no longer a ‘product of Russia’, says US Treasury official

At an event in New Delhi, US treasury official Anna Morris says Washington has not asked India to reduce its purchase of Russian crude. India was top buyer of Russian oil in 2023.

India expands crude imports from US as sanctions against Russia tightens

India was the top buyer of Russian oil last year after other groups retreated from purchases following Western sanctions on Moscow for its invasion on Ukraine in February 2022.

Fresh US sanctions on Russia threaten Moscow’s oil sales to India

The United States on 23 Feb imposed sanctions to mark the second anniversary of Russia’s invasion of Ukraine and retaliate for the death of opposition leader Alexei Navalny.

What US easing sanctions on Venezuela, home to world’s largest oil reserves, could mean for India

Move could pay dividends to Indian refiners, who have capacity to refine heavy crude from Venezuela. India consistently bought crude from Latin American country before sanctions.

Oil companies in sustained profit & crude rates well below peak, yet no relief to public on fuel prices

Petrol and diesel rates have not been lowered in India since May 2022 even though international oil prices are down 25% from June 2022 peak. Analysts believe ‘politics is at play’.

India’s July crude oil imports from Russia slows down, Saudi Arabia inbound shipments decline

By Nidhi Verma NEW DELHI (Reuters) - India's July crude oil imports from Russia dipped for the first time in nine months, while inbound shipments from Saudi Arabia tumbled to their lowest in 2-1/2

On Camera

On Arundhati Roy, mother-daughter conflicts, and the burden of being a ‘good mother’

When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Loyal wingman’ to full ICBM triad & air defence, China’s show of power at Victory Day parade

China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.