Russia, India and oil

China’s oil giants retreat from Russian crude under U.S. pressure
Sinopec, China’s largest petroleum and chemical corporation, completely halted all Russian oil purchases in March, while three other companies, Zhenhua Oil, PetroChina and CNOOC, significantly reduced their Russian imports.
Russian crude oil supply to India shows signs of stabilising
India's state-owned refiners are in talks with traders selling Russian crude as data indicated that supply is enough to meet demand.
India’s Oil Imports From Russia Rebound After Initial Sanctions Chaos
Indian imports of Russian crude oil are rebounding in March after a decline earlier in the year, as traders secure non-sanctioned tankers and Urals crude falls below the G7 price cap.
Indian refiners turn to Latam, Africa to replace Russian oil in Feb, data shows
India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions,
India’s Russian oil imports rebound after three-month dip
Non-sanctioned vessels were delivering cargoes, while some shipments were diverted from Turkey. The flow recovery to the world's third-largest oil importer and consumer is easing a supply glut and lowering prices for rival Middle East grades.
Russia's oil exports to China overtake India for first time since December 2023
Amid fresh US sanctions on Russian oil, Moscow's crude exports to China have surged past shipments to India for the first time since December 2023, according to data from commodity market analytics firm Kpler.
Russian oil supplies to India recover in March, sources say
India's Russian oil imports recovered in March, returning to near usual levels after a 3-month decline, as non-sanctioned vessels were delivering cargoes, while some supplies were diverted from Turkey,
The New Voice of Ukraine on MSN2d
Kremlin loses billions as Russia’s oil income plummets in February
Crude oil exports fell $1.37 billion month-on-month to $8.26 billion, while petroleum products dropped $1.07 billion to $5.02 ...
Russia flagship oil freight soars after Biden farewell sanctions
The premium shipowners are charging to haul Russia’s flagship oil is soaring as farewell sanctions imposed by the outgoing ...
Russian oil supplies to India may recover in March after 3-month decline
India, the No 2 importer of crude from Russia, has said it would buy Russian oil only if it is supplied by companies and ...
TASS1y
Average Urals price was $62.99 per barrel in 2023, which is 1.2 times lower than in 2022
According to the Ministry of Finance, the average price for Urals oil in December 2023 was $64.23 per barrel, which is 1.27 times higher than in December 2022 ($50.47 per barrel) MOSCOW ...
Greek tankers seized on Russian oil
Greek shipowners are increasingly returning to the transportation of Russian oil. On the one hand, part of it is sold at $ 60 ...
London South East11mon
Urals Oil Spot Price
Urals oil is a type of crude oil blend primarily sourced from oil fields in Russia and the Urals region. It serves as a key commodity in global oil markets, often used as a benchmark for ...
Russia economy meltdown as oil prices plummet and 'shipping costs surge'
Oil revenues are a major source of income for Putin's regime and play a vital role in helping Russia to finance its war in ...
Ukrainian News10d
Price of russian oil delivery soars after Biden’s farewell sanctions – Bloomberg
The cost of transporting russian oil has risen sharply after U.S. sanctions hit ships and insurers serving moscow’s trade.Ekonomichna Pravda reported this with ...