Russia Claims Major Strikes on Ukrainian Defences
Russia reports destroying a HIMARS system and 230 drones in massive strikes on Ukrainian defences near Pokrovsk. Ukraine retaliates with deep strikes on Russian oil refinery. Read the latest updates.
Category : Search result: Russiaowned oil refinery
India imports 5.4M tonnes Russian oil via shadow fleet
India imported 5.4 million tonnes of Russian oil using shadow fleet tankers to bypass Western sanctions, according to CREA report. Moscow relies on old vessels to maintain exports amid restrictions.
OPEC+ to Keep Oil Output Unchanged for Q1 2026
OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.
Ukraine Damages Russian Shadow Fleet Tankers in Black Sea
Russia launches massive strikes on Ukrainian infrastructure as Ukraine retaliates with drone attacks on Russian oil facilities and tankers. Latest escalation in ongoing conflict.
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.
30 False-Flag Tankers Shipped €2.1B Russian Oil to India
Think tank reveals 30 tankers used false flags to transport €2.1 billion worth of Russian oil to India in 2025. Discover how India's oil imports shifted post-Ukraine invasion.
Oil Rebounds After Trump's Ukraine Peace Progress
Oil prices recover from one-month low as White House signals optimism about Russia-Ukraine peace deal. WTI gains 1.2% amid market volatility. Read latest analysis.
BPCL, HPCL, IOC shares surge as crude prices drop to $61
BPCL, HPCL, and IOC shares surged up to 3% as Brent crude fell to $61, boosting OMC margins. Peace talks between Ukraine and Russia could further impact oil markets. Learn how this affects investors.
JPMorgan Forecasts Oil Price Plunge to $30 by 2027
JPMorgan predicts Brent crude could fall to $30 by 2027 due to market oversupply. Discover what this means for India's economy and global oil dynamics.
Serbia Energy Crisis: Russian Refinery May Shut in 4 Days
Serbia's only oil refinery could shut down within days if Washington doesn't renew OFAC license. President Vucic calls it 'blackmail' as fuel stocks dwindle.
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.
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.
Reliance Stops Russian Oil Imports from Nov 20
Reliance Industries ceases Russian oil imports for its export-only refinery from November 20. All December exports will use non-Russian crude. Get the full story on this major energy shift.
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.
Olive Oil vs Vegetable Oil: Heart Health Guide
Discover the key differences between olive oil and vegetable oil for heart health. Learn which oil is better for cooking, cholesterol control, and reducing inflammation in your daily diet.
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.
IEA Warns of Oil Oversupply as Production Outpaces Demand
Global oil market tilts toward oversupply as production growth outpaces consumption despite rising Chinese demand. IEA projects 4 million bpd surplus by 2026. Read the full analysis.
India's Vegetable Oil Imports Unchanged at 16.3M Tonnes
India maintained vegetable oil imports at 16.3 million tonnes in 2024-25. Soybean oil hit record highs while palm oil declined sharply. Explore the shifting import patterns.
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 Refills Strategic Oil Reserves as Prices Drop
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
India's Fuel Exports Plunge 21% in October
India witnessed a dramatic 21% drop in fuel exports during October as domestic demand surged unexpectedly. Major refiners HPCL and Nayara Energy faced significant operational disruptions, reshaping the country's energy export landscape.
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.
India's Russian oil imports plunge after US sanctions
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
Russia's 150-Missile Revenge Attack on Sumy
In a dramatic escalation of hostilities, Russia launched a massive 150-missile assault on Sumy while Ukraine retaliated with precision strikes on Russian oil infrastructure, marking one of the most intense exchanges in recent weeks.
OPEC hikes oil output by 137,000 BPD from December
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
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