Oil Climbs on Geopolitical Risks in Venezuela, Nigeria
Oil prices gained as US economic pressure on Venezuelan shipments and airstrikes in Nigeria added to supply risks. Brent crude rose to $62.48. Get the full analysis of 2024's market trends.
Category : Search result: Russian crude
Crude Bomb Blast in Bangladesh Kills One, Injures Five
A crude bomb explosion in Bangladesh's Khulna district leaves one dead and five injured. Police investigate the motive behind the attack near a local market. Read for details.
India's Russian Oil Imports Defy US Sanctions in Dec
Despite US sanctions on Rosneft & Lukoil, India's Russian crude imports show resilience, expected to exceed 1.2 million bpd in December. Discounts and non-sanctioned entities fuel the robust trade.
Russia-Pakistan Talks on Oil, Steel Agreements Advance
Pakistan confirms high-level talks with Russia for an oil sector deal and a new steel plant. This move aims to cut import costs and deepen bilateral ties. Read the latest details.
India's Russian Oil Imports Set for Sharp Drop in 2026
Trump's sanctions on Rosneft & Lukoil may slash India's Russian crude imports to a 4-year low by Jan 2026. Will India find new pathways? Read the full analysis.
US Tariffs Pressure India Over Russian Oil Imports
Facing US pressure over Russian oil imports, India navigates trade talks as Putin promises reliable energy supply and expands nuclear collaboration. Details inside.
Saudi Arabia Slashes Oil Price to Asia to 5-Year Low
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
US Lifts Some Lukoil Restrictions, India's Russian Oil Imports Dip
The US has granted a temporary exemption for Lukoil-branded fuel stations outside Russia until April 2026. This move comes as Indian refiners cut purchases of sanctioned Russian crude, with imports expected to plummet.
Oil Prices Fall on Weak Demand, Await Ukraine Peace Outcome
Global oil prices fell for a second day as weak demand and rising US inventories weigh on markets. Investors eye Ukraine peace talks for signs of Russian supply changes. Brent crude trades at $62.32 a barrel.
Global Oil Glut: Why Prices May Not Collapse in 2026
Global oil surplus could push prices lower in 2026, but geopolitical tensions from Ukraine to Venezuela may provide a floor. Experts analyse OPEC's role and market balance.
Drone Attacks Target Russian Oil Tankers in Black Sea
Explosions rock Black Sea near Turkey as drone strikes hit two oil tankers carrying Russian crude. Crew rescued amid escalating conflict fears. Watch video for details.
Oil Falls on Ukraine Peace Talks, OPEC Meeting in Focus
Crude oil prices declined as Ukraine-Russia peace negotiations continue. All eyes on upcoming OPEC meeting for output decisions. Get latest market updates.
India's Russian Oil Imports Drop 47% in December
India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.
Oil prices fall as Ukraine-Russia ceasefire hopes grow
Global oil prices decline on expectations of Ukraine-Russia ceasefire unlocking Russian supply. Brent crude drops to $62.92 amid thin Thanksgiving trading. Read latest market analysis.
Oil Prices Rise Amid Oversupply Fears and Peace Deal Hopes
Oil prices climbed on Wednesday after a recent slide, but gains were capped by an expected supply glut in 2026 and potential Russia-Ukraine peace deal. Key market analysis inside.
Oil Prices Could Fall to $30s by 2027: JP Morgan
JP Morgan warns global oil supply is outpacing demand, risking a price crash to $30s per barrel by 2027. Will producers act to rebalance the market? Read more.
Crude Oil Prices Fall as Ukraine Peace Talks Advance
Crude oil prices declined Tuesday, erasing Monday's gains amid Ukraine-Russia peace negotiations. MCX crude traded flat at ₹5,236/barrel while global benchmarks showed modest gains. Expert analysis included.
Trump's Ukraine Plan: A Strategic Test for India
Trump's 28-point Ukraine peace plan, favoring Russia, crosses Kyiv's red lines. For India, this US-Russia shift is sobering amid new 25% US oil tariffs. Delhi must navigate carefully.
Oil Falls 2% as US Pushes Russia-Ukraine Peace Deal
Crude oil prices plunged to one-month lows as US peace efforts could boost Russian oil exports. Brent fell to $62.33, WTI to $57.83. Market watches sanctions and Fed rates.
US Sanctions Strand 48M Barrels of Russian Oil
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
RIL stops Russian oil imports for export refinery
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
Reliance stops Russian oil use due to EU sanctions
Reliance Industries ceases Russian oil imports at export-focused refinery to comply with EU sanctions. Key market pressure forces strategic shift in crude sourcing.
Russian Oil Discounts Jump to $5-6 Amid Sanctions
Russian oil discounts surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
India-US Trade Deal Phase 1 Nears Completion on Tariffs
First phase of India-US trade agreement approaches finalization, addressing 25% reciprocal tariffs imposed over Russian crude purchases. Key breakthrough in bilateral trade relations.
India Purchases €2.5B Russian Oil Before Sanctions
India imported €2.5 billion worth of Russian crude oil in October 2024 ahead of new EU sanctions. Read about India's strategic energy moves and market impact.
India Spends $2.9B on Russian Oil Before Sanctions
India purchased $2.9 billion worth of Russian crude oil in October, maintaining its position as second-largest buyer globally. Read how sanctions are impacting imports.
Oil Markets Oversupplied as US Exports Reach 4-Month Peak
Global crude oil markets experience significant oversupply, particularly in the Americas. US exports hit highest since July 2024, while market structure indicates weakening demand. Read analysis.
India to drastically cut Russian oil imports from November
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India Cuts Direct Russian Oil Imports from December
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
Trump Sanctions Crush Russian Oil Flows to India & China
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
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