
Indian state refiners are ramping up their production of liquefied petroleum gas amid a seasonal jump in demand as the country enters festive season and imports from the Middle East remain strangled. So far in September, local production of LPG has averaged 4…
Russia imported a record 172,000 tonnes of oil products in August, including gasoline refined from Russian crude at a refinery in India that is partly owned by Russia's Rosneft, as Ukrainian drone strikes disrupted Moscow's domestic refining capacity, accordi…

Russia imported a record 172,000 tonnes of oil products in August, including gasoline refined from Russian crude at a refinery in India that is partly owned by Russia's Rosneft, as Ukrainian drone strikes disrupted Moscow's domestic refining capacity, accordi…
Russia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capacity. India supplied seventy percent of Russia's oil product imports during this period. These shipments underscore the…


Iran is racing to court some of Asia's largest oil buyers as a 60-day U.S. sanctions waiver takes effect.
India’s state-run refiners have already secured enough crude for the next two months and are in no rush to resume purchases from the Middle East even if the Strait of Hormuz reopens to commercial traffic.

The reopening of Hormuz may stabilize global oil markets, reducing geopolitical risks and potentially lowering WTI crude prices. The post India resumes Mideast oil imports as Hormuz reopens, easing WTI price concerns appeared first on Crypto Briefing.

Overall crude imports by India rose to 5.27 million barrels per day, up 15.4% from April, the data showed, with Russia the largest supplier

India depends on imports for some 85% of its oil, so using more ethanol, made from crops such as sugarcane, rice and maize, is central to its plans to boost its energy security and reduce planet-heating emissions
India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly…
India’s oil trade deficit is expected to widen significantly in FY27 due to rising crude oil prices and weakening petroleum exports, according to a report by Crisil. The report warned that India’s heavy dependence on imported crude could put added pressure on…

Indonesia will continue the process of importing Russian oil despite the expiration of U.S. sanctions relief for Russian oil sales on May 16, the ...

The government simultaneously rushed to reiterate the PM’s appeal while assuring that crude oil inventories remain stable and refineries are operating at optimum levels

Modi urged Indians to resume remote work and digital meetings to cut fuel use, save foreign exchange, and ease inflation pressure from oil imports.
The West Asia conflict has exposed India's vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy security. An RBI MPC member stressed the need for increased domestic exploration and a faster transition to alternative ene…