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.
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.
Telangana government delegation led by Minister Mohammed Azharuddin coordinates relief efforts in Saudi Arabia after fatal bus-tanker collision. Families of deceased to travel for funeral arrangements.
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.
Tragic Saudi Arabia accident claims 19 Indian pilgrims' lives as oil tanker collides with stationary bus. Details emerge about the devastating collision and rescue efforts.
Tragic bus accident in Saudi Arabia claims lives of 42 Umrah pilgrims from Hyderabad. CM Revanth Reddy responds to the devastating news. Stay updated.
A tanker driver in Karnataka's Mangaluru accused of stealing 40 litres of petrol. Vehicle recovered from Kana parking yard after owner's search. Read full details.
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.
Two separate road accidents in Dakshina Kannada resulted in six fatalities and seven injuries. A gas tanker collision near Panambur Junction claimed three lives. Read the full details.
Iran's Revolutionary Guard seizes Marshall Islands-flagged oil tanker Talara carrying 30,000 tonnes of petrochemicals. Heightened tensions in crucial global oil trade route. Read latest developments.
Iran's Revolutionary Guard captures oil tanker near Strait of Hormuz, escalating regional tensions. Details on the incident and international reactions.
Tragic road accident in Mangaluru claims three lives as auto gets crushed between two tankers. Details about victims and incident investigation.
Global oil prices surged as Ukraine attacked Russian oil port Novorossiysk and Iran seized tanker near Strait of Hormuz. WTI rose 2.4% above $60. Read analysis.
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 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.
European Union and Indian navies capture pirate vessel used in Malta-flagged tanker hijacking. Somali piracy resurgence threatens international shipping routes. Read full details.
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
A Delta Air Lines pilot failed to recall crucial air traffic control instructions before a dangerous ground collision at New York's JFK Airport, according to an explosive NTSB investigation report.
A devastating collision between a Uttar Pradesh state transport bus and a tanker in Hathras district has claimed 3 lives and left 12 injured. Latest updates on the tragic road accident.
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 dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
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.
A horrific train collision between a passenger train and goods train in Chhattisgarh's Bilaspur district has left 11 dead and 20 injured. Get the latest updates on rescue operations and investigation.
In a devastating road accident, the President of the Sepak Takraw Association of India and an international referee lost their lives when a tanker collided with their car in Goa. The sports community mourns the tragic loss.
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.
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.
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.
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.