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.
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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Turkey dramatically increases non-Russian oil imports as latest Western sanctions bite, reshaping global energy flows and Ankara's trade relationships.
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
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Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
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India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.
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.
India responds to US sanctions on Russian oil firms, defends energy imports as crucial for national interest. Trump praises India's strategic positioning.
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.
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HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
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.
A Russian crude oil carrier heading to India abruptly reversed course in the Baltic Sea, signaling potential disruption in global oil trade patterns after new Trump administration sanctions.
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.
Indian Oil Corporation declares strict adherence to all global oil sanctions in crude procurement, ensuring uninterrupted energy supply while maintaining international compliance standards.
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New G7 sanctions targeting Russia's shadow oil fleet are set to disrupt global energy markets. Discover why these measures are different and how they'll impact oil prices worldwide.
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.
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
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.
Indian Oil Corporation declares it will maintain Russian crude purchases despite US restrictions, planning to use non-sanctioned suppliers to secure energy needs.
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India's largest oil company confirms it will continue purchasing Russian crude despite international sanctions, prioritizing national energy security and economic benefits.
Russia's second-largest oil producer Lukoil begins divesting international assets amid tightening US sanctions, signaling major shifts in global energy markets.