India’s Russian crude oil imports reach new high in June, up 34%

India’s Russian Oil Imports Expose the Failure of Western Sanctions

India’s imports of Russian crude oil have surged to a record high, with Moscow now supplying more than half of the country’s crude oil requirements. According to recent reports, Russian oil accounted for over 50 of India’s imports in June after a temporary US sanctions waiver expired. This development is far more significant than most []

Russia’s seaborne oil exports hit a wartime record in June, but export revenue sank to a three-month low

In June, Russia’s seaborne crude oil exports reached their highest level since the start of the full-scale invasion of Ukraine, according to Bloomberg.

India boosts Russian, UAE oil purchases in June ahead of full Hormuz recovery

India imported an average of 2.66 million bpd of crude oil from Russia in June, through June 19, compared to 1.91 million bpd in May

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Russia’s diesel export ban deals fresh blow to strained energy market

Russia’s decision to ban diesel exports this week has roiled global energy markets, exacerbating shortages of the industrial fuel and sending prices soaring, even in countries that no longer buy the fuel from Moscow. Diesel accounts for the largest share of global oil consumption and soaring prices can ripple through the global economy given its wide range ‌of uses, from industrial machinery and farm equipment to heavy transport and electricity generation. Supply has remained tight for years due...

India’s Russian crude imports hit record in June even as Moscow’s oil revenues slip

India’s imports of Russian crude oil surged to a record high in June, rising 34 per cent from the previous month despite a decline in Russia’s overall oil export revenues, according to a report by the Centre for Research on Energy and Clean Air (CREA). India bought Russian crude worth EUR 4.5 billion in June, []

India ramps up Russian oil imports

India’s oil imports from Russia surged in May, while shipments from the US declined substantially Read Full Article at RT.com

India's Russian oil imports jump 39% in June; US shipments fall | List of top suppliers

India significantly increased its crude oil imports from Russia in June, while purchases from the United Arab Emirates (UAE) remained close to record levels as refiners moved to secure supplies during uncertainty surrounding the Strait of Hormuz.

India Ships First Gasoline Cargoes to Russia as Fuel Imports Begin

The first shipments of Indian gasoline have been dispatched to Russia, with initial cargoes totaling at least 60,000 tonnes, according to two industry sources cited by Reuters. One of the sources said that two tankers carrying between 30,000 and 40,000 tonnes of gasoline each have already departed for Russia. The identity of the Indian refinery that supplied the fuel was not disclosed. Russia Expands Fuel Imports According to another industry source, Russia plans to import up to 400,000 tonnes of gasoline per month from several countries, including Belarus, as it works to supplement domestic fuel supplies.

<strong>A Tiny Island Near Singapore Has Become Asia’s Hub for Russian Oil</strong>

At least 1.6 billion worth of Moscow’s diesel, fuel oil and other products has been funneled from Indonesia’s tiny Karimun into major markets across the region.

Petrol, Diesel Prices On June 23: Check New City-Wise Fuel Rates

Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.

Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial

Crude Oil WTI is trading around 70.77 (-0.9) in early Asian hours, while Brent is hovering near 73.75 (-0.4), as easing geopolitical tensions between the U.S. and Iran continue to weigh on crude prices. Markets have largely priced in the prospect of renewed diplomacy after both sides agreed to halt attacks and resume technical talks [] The post Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial appeared first on Middle East News 247.

Russia-India Trade Set to Hit Record $70B in 2026

MOSCOW (Sputnik) - The volume of trade between Russia and India will reach 70 billion in 2026, Indian Ambassador to Russia Vinay Kumar said on Monday.

Russian Diesel Export Ban Sends Global Fuel Prices Higher

Russia's decision to ban diesel exports last week has disrupted global fuel markets, deepening concerns over tightening supplies and driving diesel prices sharply higher, even in regions that stopped importing Russian fuel years ago.

India's oil, petrochem industry gets a major boost

India's oil, petrochem industry gets a major boost

European Union: Oil Flows from Middle East Recovering

European Union: Oil Flows from Middle East Recovering

World : Russia-India Trade Will Reach US$70bln In 2026 - Indian Ambassador

MOSCOW, July 6 (Brnama-Sputnik/RIA Novosti) -- The volume of trade between Russia and India will reach US70 billion in 2026, according to Indian Ambassador to Russia Vinay Kumar on Monday, reported Sputnik/RIA Novosti.

Gas, Wheat, Cooking Oil: Top 20 Products Armenia Imports from Russia

We have found out that the main supplier of several goods is Russia, for example, 99 of oil and wheat are imported from Russia.

How fuel problems in Russia affect Central Asian nations

How fuel problems in Russia affect Central Asian nations

India explores oil exploration expansion after Iran war disruption

Left under a strain of the biggest energy supply shock in decades during the Middle East war, import-dependent India is now expanding domestic crude exploration, its oil minister s...

Russia remained largest oil supplier to India and China in May — OPEC report

Russia supplied approximately 2.1 million bpd of crude oil to India in May

West Asia Crisis Saddled India’s State Oil Firms With ₹74,781 Crore in Fuel Losses

India's oil marketing companies absorbed 74,781 crore in fuel losses during the West Asia crisis, minister Hardeep Puri disclosed Thursday. Meanwhile India set a crude import record with Russian oil crossing 50 percent of supply in June.

Russian diesel export ban sends global prices to highest level in years

Russian diesel export ban sends global prices to highest level in years

BTC pipeline oil shipments through Türkiye drop 9% in January-May

Oil shipments through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Türkiye totaled 80.536 million barrels in January-May this year, AzerNEWS reports, citing data released by Türkiye's state pipeline operator BOTAŞ.

Russia bans diesel fuel export

Russia has imposed a ban on diesel fuel exports to boost domestic supplies, Russian Deputy Prime Minister Alexander Novak said Wednesday, reported Xinhua. We have introduced a ban on diesel fuel exports, which will make it possible to ramp up supplies to the domestic market, Novak said at a cabinet meeting with Russian President Vladimir Putin. The Russian government also announced that it has expanded the temporary diesel exports ban to fuel producers. The measure does not apply to deliveries under intergovernmental agreements. Novak noted that Russia will begin importing petroleum products in July to stabilize the country's fuel market. We will also start importing petroleum products in July and ramp up extra output volumes using petroleum products of a lower environmental class, he said.

India Considers Resuming Iranian Crude Purchases if U.S. Extends Sanctions Waiver

(NaturalNews) Indian state-owned refiners are weighing a return to purchasing Iranian crude oil if the United States extends a temporary sanctions waiver beyond its...

Russia Bans Diesel Exports as Ukrainian Strikes Intensify Fuel Crisis

Russia has temporarily banned diesel exports in an effort to stabilize a deepening fuel crisis triggered by sustained Ukrainian strikes on energy infrastructure. Deputy Prime Minister Alexander Novak said the move aims to boost domestic supplies, with the ban in place until July 31. Most Russian regions now face rationing or shortages, forcing authorities to cap sales and prompting long lines at gas stations, while Putin downplays the situation as “not critical.”

Russia’s fuel rationing reaches Siberia as occupied Crimea runs dry

The shortage is spreading region to region, and Russia is importing gasoline by sea.

Russia Oil Price Falls to Pre-Iran War Level in Blow to Kremlin

Russia's flagship crude price has slid to levels seen before the conflict in the Middle East, piling more pressure on Kremlin coffers that are already strained by the invasion of Ukraine. The Urals grade averaged 41.66 a barrel at Russia's western ports in the first three days of July, less than half the level during the height of the oil market turmoil in April, according to Argus Media data. Russia's Finance Ministry uses the data to calculate taxes.

The Lack of Gasoline is Getting to Russians

The Lack of Gasoline is Getting to Russians

Cooking gas shortage hits Mugu

By Hari Krishna Aidi, Mugu, July 5: Despite regular deliveries of liquefied petroleum (LP) gas and other petroleum produ...

Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market

The global oil market may be entering a new phase where the primary price driver is not supply disruption, but the urgent need to rebuild depleted strategic and commercial inventories. Governments, refiners, and traders around the world face mounting pressure to replenish oil stocks that were drawn down during a period of sustained emergency releases [] The post Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market appeared first on Foreign Policy Journal.

Russia larang eksport diesel tangani krisis bahan api

MOSCOW: Russia mengharamkan eksport diesel dalam usaha menstabilkan krisis bekalan bahan api yang semakin memburuk susulan peningkatan serangan Ukraine terhadap infrastruktur tenaga negara itu. Langkah yang berkuat kuasa kelmarin dibuat selepas beberapa wilayah di Russia dilaporkan mengalami kekurangan bekalan bahan api. Lebih 90 peratus daripadanya berdepan catuan atau gangguan bekalan sejak Jun, menurut laporan media ... Read more The post Russia larang eksport diesel tangani krisis bahan api appeared first on Utusan Malaysia.

Russia imports fuel from India to ease shortages

According to two industry sources, Russia has begun importing gasoline by sea from India to help ease fuel shortages caused by Ukrainian attacks on its energy infrastructure.