Russian oil

Oil & Gas Trade

Russian Oil Shaves India's Import Costs by About $2.7 Billion

India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data, …

Oil & Gas Trade

Pakistan Eyes Importing 1M Tonnes of Russian Oil per Year

This handout photograph taken on June 11, 2023 and released by the Karachi Port Trust (KPT) shows a Russian cargo ship carrying crude oil at the port in Karachi…

Oil & Gas Trade

Pakistan to Discuss Long-Term Russian Oil Deal Next Month

Pakistan will hold talks with Russia next month on a long-term arrangement for importing Russian crude oil, as the country seeks to diversify its energy sources…

Oil & Gas Trade

India Is Using Chinese Yuan to Pay For 10% Of Its Russian Oil Imports, Rest in Rupee and Dirham

India is making about 10 percent of its payments for Russian oil in the Chinese yuan, ThePrint has learnt, with the rest of the payments being made in Indian ru…

Oil & Gas Trade

India's Oil Imports From Russia Climb to New Peak as Limit Nears

Source: Kpler(Bloomberg) -- India’s imports of Russian oil hit another record last month as the South Asian nation potentially nears the limit of its buyi…

LNG Carrier

Second Russian Oil Ship Docks at Karachi Port

WORKERS moor the vessel carrying Russian oil at the Karachi Port, on Tuesday.—Courtesy KPTJust two weeks after the arrival of the first-ever Russian oil ship c…

Oil Price

Russian Oil Prices Remain Below G-7 Cap but $900-A-Month Delivery Mystery Remains

Russia’s main crude grade is still selling well below international benchmarks — and a Group of Seven-imposed price cap — but a huge amount of money for…

Crude Oil

Russia’s Revenue From Oil Export Increases by USD 1.7 Billion

A view of a petrol station of the Russian oil producer Gazprom Neft and high-rise residential buildings under construction in Moscow on January 12, 2023. (Photo…

Crude Oil

Asia’s Crude Imports Jump in May as China, India Suck up Russian Oil: Russell

LAUNCESTON, Australia, May 29 (Reuters) - Asia's imports of crude oil are on track for a strong rebound in May as the region's two biggest buyers, China…

Oil & Gas Trade

Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU

A report by Bloomberg shows that Saudi Arabia has become Europe's largest oil supplier as Riyadh buys record amounts of Russian crude oil for domestic use.S…

Oil & Gas Trade

Borrell Urges EU to Restrict Imports of Indian Fuels Made With Russian Oil

The European Union (EU) should crack down on India reselling Russian oil into Europe as refined fuel, including diesel, EU foreign policy chief Josep Borrell sa…

Oil Refinery

Fire Extinguished at Russian Oil Refinery After Drone Attack

A drone attack set ablaze product storage facilities at one of the largest oil refineries in southern Russia, but emergency services extinguished the fire just …

Oil & Gas Trade

Pakistan Eyes Economic Relief From Russian Oil Imports Due in May

Delicate diplomacy, refining capacity and forex payments pose challenges

Oil & Gas Supply

Western Curbs on Russian Oil Products Redraw Global Shipping Map

Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictio…

Oil & Gas Trade

EU to Maintain Russian Oil Price Cap at $60

The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to pet…