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Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.
India is increasing its purchases and imports of crude oil from the United States in advance of crucial tariff talks next ...
Indian Oil Chairman Arvinder Singh Sahney said that all purchase decisions would be purely on commercial basis, and there was ...
Lower crude oil import prices have raised hopes for lower petrol and diesel rates, enhancing macroeconomic stability amid global price declines.
India’s crude oil imports from its largest supplier Russia is expected to surpass 2 million barrels per day (mb/d) in the current month—the highest since May 2023. The development also ...
Last week, Trump warned of additional tariffs of 25% to 50% on countries buying Russian oil. As per Vortexa data, US crude imports into India rose by 67% in March as against February. At the same ...
Indian refiners are increasing their purchases of US oil in anticipation of upcoming trade talks between the two countries ...
In March, Indian refiners increased US crude oil imports by 66% amidst US President Trump's push for American energy exports. Incidentally, Russian oil imports to India also rose due to suppliers ...
India’s total crude oil imports in April are expected to reach approximately 5.2 -5.3 million barrels per day, as per Kpler data. (Reuters) India’s import of Russian oil touched its highest ...
Russia is boosting its crude oil exports, with shipments to China and India rebounding as traders and buyers have reshuffled tanker supply chains following the U.S. sanctions on Russia’s oil ...