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.
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.
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 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.
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.
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 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.
Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.
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.
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.
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 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.
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.
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 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.
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.
India's Russian oil imports surge to five-month peak in November as President Putin prepares December visit. Get latest updates on energy diplomacy and trade relations.
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 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.
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.
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.
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 Industries ceases Russian oil imports at export-focused refinery to comply with EU sanctions. Key market pressure forces strategic shift in crude sourcing.
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 surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
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 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.
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.
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.
Former US President Donald Trump makes significant claims about India-Russia energy ties during New Hampshire rally, announces potential India visit next year amid ongoing presidential campaign.
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.