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Saturday, September 6, 2025
TopicRussian Oil

Topic: Russian Oil

Russian oil price for India at 12-month high in November

Since the imposition of the price cap in December 2022, India has mostly paid above the $60 ceiling for Russian oil that had still proved cheaper than the similar grades from elsewhere.

Jaishankar, Lavrov agree to establish Chennai-Vladivostok Maritime Corridor between India & Russia

The corridor, which is around 5,600 nautical miles long, will reduce transportation time of cargo from Russian Far East to India to around 24 days from current 40 days.

63% increase in travel time of Russian oil shipments — how Houthi attacks in Red Sea could hurt India

As Houthis attack ships in Red Sea in solidarity with Palestine, shippers are considering alternative routes. Delay in oil supplies to India could force it to buy more from Middle East.

Lloyd’s Register drops ships of Indian shipping firm Gatik, major carrier of Russian oil

Gatik emerged this year as a leading carrier of Russian oil to India using a fleet of tankers that has numbered more than 40, shipping data shows.

Supply of cheap oil from Russia could be at risk as India searches for payment options

Ever since sanctions were imposed on Russia, India hasn’t been able to use US dollar to pay for oil. It is said to be looking at using dirhams & rupee, both of which have limitations.

Indian cos sometimes face delays in paying for Russian oil above $60 per barrel, says oil secretary

India has significantly increased oil imports from Russia since the beginning of the conflict in Ukraine.

Russian oil slashes OPEC’s share of Indian market to 22-year low

India shipped in about 1.6 million barrels per day (bpd) of Russian oil in 2022/23, the data showed, about 23% of its overall 4.65 million bpd imports.

Fuels from Russian oil gets backdoor entry into Europe via India

Access to cheap Russian crude has boosted output and profits at Indian refineries, enabling them to export refined products competitively to Europe and take bigger market share.

Indian refiners pay traders in dirhams for Russian oil

Indian refiners and traders are concerned they may not be able to continue to settle trades in dollar if the price of Russian crude rises above a cap imposed by G7 and Australia.

On Camera

The Bengal Files has made sure Kolkata dusts history books to find out real Gopal Mukherjee

Whether it is due to the alleged unofficial ban on The Bengal Files or allegations by Gopal Mukherjee’s family against Agnihotri, everyone in the state wants to know more about Mukherjee.

Punjab’s paddy farmers are staring at big losses. Why flood impact may spill out of India’s rice bowl

As devastated farmers begin to come to terms with the fallout, 4 lakh hectares of land under paddy cultivation across state is flooded. Punjab is among the biggest contributors to PDS.

Army chief weighs in on theaterisation, says it is inevitable and need of the hour

New Delhi: Army chief General Upendra Dwivedi has strongly backed the idea of theaterisation, saying it is inevitable and the need of the hour. Speaking...

Punjab is fast becoming the new Northeast. And there’s a message in it for Modi

In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?