Middlemen Have Halted Russian Oil Cargo Offers

Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum.
Indian Oil to Rebalance Crude Buying After Russia Sanctions
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.
India widens approvals for Russian insurers after oil sanctions
Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports until February 2026
India refiners ask ADNOC to offer oil delivered price as freight spikes, sources say
Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing of its crude on a delivered basis to manage costs, three refining sources said, after fresh U.S. sanctions disrupted supplies and caused freight rates to spike.
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by the West. That may be about to change.
India is staring at an oil shock as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s oil industry.
Indian banks block Russian oil payments after new US sanctions
Indian banks has begun blocking payments for Russian oil imports following the latest round of U.S. sanctions against Russia's oil industry, according to a report from Energy Intelligence, an energy information company.
India's Bharat Petroleum to invest $121 million to develop Indonesian oil and gas block
India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the ...
India’s oil demand likely to hit yet another record in 2025-26 as consumption of major fuels set to rise
The consumption growth is expected to be led by fuels and products like petrol, aviation turbine fuel (ATF), liquefied ...
India's palm oil imports to hit 5-year low in Jan on negative margins, sources say
Lower palm oil imports by the world’s biggest buyer of vegetable oils could weigh on benchmark Malaysian palm oil prices, but ...
How to make Moringa oil for hair regrowth
Moringa hair oil, derived from seeds or powder and combined with carrier and optional essential oils, promotes hair regrowth.
India's Bharat Petroleum to invest $121 mln to develop Indonesian oil and gas block
India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the ...
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China, India acquire 60% of Iraq’s oil exports in 2024
Data issued by the US Institute for Energy Research revealed that China and India accounted for 60 percent of Iraq’s oil ...
India eyes bigger slice of US energy supplies, says Hardeep Singh Puri
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, highlighted the stability of the global oil market, supported by increased supplies from the US, Brazil, Guyana, Suriname, and Canada ...
OPEC's share in India's annual oil imports rises after 8-year drop
OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...