Category : Search result: Russian oil demand


India: Market Dynamics Guide Our Russian Oil Purchases

India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.

Trump Sanctions: Will India-China Stop Russian Oil?

As Trump's proposed sanctions threaten global oil flows, India and China face critical energy decisions. Discover why complete Russian oil withdrawal remains unlikely despite political pressure.

Indian refiners tap spot markets to replace Russian oil

India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.

India's Gold Demand Falls 16% in Q3 2025

India's gold market witnesses dramatic shift as record-high prices crush jewellery demand by 26% while investment buying surges. Discover the changing patterns in world's second-largest gold consumer.

India's Q3 Gold Demand Value Soars 23% to ₹2L Cr

India's gold market demonstrates remarkable resilience as third-quarter demand value surges to ₹203,240 crore despite global economic uncertainties. Discover what's driving this golden boom.

Mittal's Indian refinery stops Russian oil imports

In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.

HPCL-Mittal Energy halts Russian oil imports

HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.

Sinopec Profits Drop 33% on Oil Slump, Weak Fuel Sales

China Petroleum & Chemical Corporation (Sinopec) reports staggering 33% profit drop in first nine months of 2023 as lower crude prices and sluggish fuel sales impact earnings. Detailed analysis inside.

India's Oil Consumption to Reach 6 Million Barrels Daily

India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.

Russian Oil's Secret Routes to India & China

Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.

India's US Oil Imports Surge Amid Trump Policy Shifts

India dramatically increases US oil purchases amid shifting global dynamics. Discover how Trump's policies, price arbitrage, and strategic diversification are transforming India's energy imports in October 2025.

IOC continues Russian oil buys via unsanctioned firms

Indian Oil Corporation maintains Russian crude imports through unsanctioned entities, securing energy needs while navigating global restrictions. Expert analysis reveals India's strategic positioning.

India's US Oil Imports Hit 3-Year High at 540K BPD

India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.

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