Topic: Russian crude oil

Saudi Arabia shipments may hit over 1.1 million barrels a day, the highest since Nov 2019, nearing Russia levels as India closes the supply gap, Kpler says.

The selected cartoons appeared first in other publications, either in print, online, or on social media, and are credited appropriately. Also Read: Nuances, complexities &...

New Delhi: India’s energy purchases will be dictated by “national interest”, including “adequate availability” and prevailing global oil prices, Foreign Secretary Vikram Misri said...

US President Donald J. Trump announced Monday the conclusion of a trade deal with India, that will see New Delhi curb its Russian oil purchases. MEA says will continue purchases based on market dynamics. US President Donald J. Trump announced Monday the conclusion of a trade deal with India, that will see New Delhi curb its Russian oil purchases. MEA says will continue purchases based on market dynamics.

A study found that only about 4% of the tariff burden is shouldered by foreign firms, with a ‘near-complete’ pass-through of 96% to US buyers.

The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.

US sanctions reshuffle India’s crude procurement, pushing refiners towards new intermediaries, the Middle East and Americas.

India's Russian crude-buying 'spree' could be coming to an end because of a Trump 'change in tack', global media also writes.

The tanker filled with Russian crude is now idling in the Baltic Sea, a sign of potential disruption in oil trade after US tightened sanctions on Moscow.

Sanctions announced by London Wednesday take aim at Rosneft and Lukoil, two of the largest Russian oil and gas companies. Nayara, an Indian company, is partly owned by Rosneft.