India exports first fuel to Europe since ban on Russian crude-derived products Published 05 Feb, 2026 03:58pm The Aframax tanker Liwa-V, chartered by Reliance, offloaded about 390,000 barrels of jet fuel
Tanker freight rates for Russian crude to India climb on higher seaborne exports, sources say Published 07 Oct, 2025 11:04pm MOSCOW: Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late...
India’s BPCL buys Middle East grades to replace Russian shortfall Published 30 Dec, 2024 12:12pm NEW DELHI: State-run Indian refiner Bharat Petroleum Corp is buying Middle Eastern crude to make up for less supply...
Pakistan seeks deal to import up to 1mn tons of Russian oil per year: TASS Updated 12 Oct, 2023 10:43pm MOSCOW: Mohammad Ali, Pakistan’s caretaker energy minister, said on Thursday that Islamabad was considering signing...
Cnergyico imports Pakistan’s first private-sector Russian crude cargo Updated 02 Oct, 2023 03:50pm KARACHI: Pakistan refiner Cnergyico has imported the country’s first private-sector shipment of Russian crude oil,...
Russia shoots down six Ukrainian drones over southern and western regions Updated 01 Oct, 2023 09:41pm MOSCOW: Russia said on Sunday that air defences had shot down five Ukrainian drones over the western Smolensk region...
11.8-kg LPG cylinder: OGRA notifies Rs246.15 price increase for October Published 01 Oct, 2023 02:59am ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Saturday notified 8.7 percent or Rs246.15 increase in...
Pakistan receives first shipment of Russian LPG, Russian embassy says Updated 27 Sep, 2023 04:40pm Shipment, which the embassy says was delivered with Iranian help, comes after Pakistan received its first-ever delivery of Russian crude under a deal struck earlier this year
Abundant, cheap Iranian oil supply to cap Russian prices in China Published 27 Aug, 2023 03:05am SINGAPORE: Rising prices of a popular Russian crude sold to China are poised to peak soon as more independent...
China hugely boosts crude stockpiling on cheap Russian oil Published 27 Jul, 2023 06:26am LAUNCESTON, (Australia): China boosted its stockpiling of crude oil to the highest level in three years in June,...
Govt to import 100,000 tons of Russian oil every month Updated 23 Jul, 2023 10:34am KARACHI: In a bid to ensure cheap energy in the country, the government will import 100,000 tons of Russian crude ...
Oil rises on US crude draw, Iraqi supply risks Updated 30 Mar, 2023 06:18pm LONDON: Oil prices rose on Thursday as a surprise drop in US crude stockpiles and a halt in exports from Iraq’s...
West African crude Published 27 Jan, 2023 06:15am LONDON: Offers for some varieties of West African crude climbed on Thursday on relatively high refining margins in...
Oil prices rise further on stronger China outlook Updated 23 Jan, 2023 06:21pm LONDON: Oil prices rose by 1% on Monday to $88.50 a barrel, extending last week’s gains on the back of a stronger...
Oil heads for second week of gains on China demand outlook Updated 20 Jan, 2023 08:38pm LONDON: Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening...
Europe boosts Russian diesel buying ahead of ban set to rock market Published 16 Jan, 2023 09:37pm LONDON: European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb. 5 European...
Discounted oil: Russian delegation to reach Pakistan tomorrow Published 16 Jan, 2023 04:54pm A high-level delegation from Russia, including its minister for energy, will reach Pakistan on Tuesday (January 17)...
‘OPEC+ faces oil market volatility in both supply & demand’ Published 15 Jan, 2023 04:01am CAIRO: OPEC+ is facing “volatile prospects” in oil markets both in supply and demand, UAE energy minister Suhail...
India to remain top buyer of Russia’s Urals crude in Dec Published 16 Dec, 2022 07:36pm MOSCOW: India is taking most of Russia’s Urals crude oil loading in December as it remains top buyer for a second...
Musadik Malik reiterates Russia will provide Pakistan crude at ‘discounted rates' Updated 16 Dec, 2022 07:24pm State minister says govt working with Azerbaijan on a gas purchase framework agreement as well
Ukraine slams India for buying Russian oil Published 06 Dec, 2022 05:58pm NEW DELHI: Ukraine’s foreign minister condemned India’s ramping up of Russian oil purchases following Moscow’s...
Oil dips ahead of OPEC+ meeting Published 04 Dec, 2022 03:37am HOUSTON: Oil futures slipped by about $1 a barrel in choppy trading on Friday ahead of a meeting of the Organization...
Gasoil margins, premiums fall Published 30 Nov, 2022 05:53am SINGAPORE: Asia’s 10 ppm sulphur gasoil margins and premiums extended losses on Tuesday as oil futures surged at a...
Saudi Arabia may cut Jan Arab Light price for Asia to 10-month low Published 29 Nov, 2022 09:56am SINGAPORE: Top oil exporter Saudi Arabia may cut crude prices for Asia in January following a bearish trading cycle...
Yellen to travel to India, G20 summit as forum struggles with Ukraine war Published 04 Nov, 2022 02:16pm WASHINGTON: US Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next...
Oil prices slide, hit 9-month lows as dollar strengthens Published 27 Sep, 2022 04:06am LONDON: Oil prices hit nine-month lows on Monday in choppy trade, pressured by a strengthening dollar as market...
Oil edges up as strong economic data feeds hopes for demand Updated 08 Aug, 2022 08:54pm Front-month Brent prices last week hit the lowest since February
US to let Eni, Repsol ship Venezuela oil to Europe for debt Updated 06 Jun, 2022 09:37am HOUSTON/WASHINGTON: Italian oil company Eni SpA and Spain’s Repsol SA could begin shipping Venezuelan oil to ...
Indian private refiners profit from cheap Russian crude, state refiners suffer Published 01 Jun, 2022 07:29pm NEW DELHI: There’s a split emerging in India’s refining sector as private refiners tap cheap Russian crude and boost...
Oil prices: the biggest tail-risk for Pakistan’s economy Published 01 Jun, 2022 07:22pm A tail-risk is an event that has an extremely low probability of occurring but when it does, the loss is severe and...