Russian oil and coal: India is on a binge EDITORIAL: Indian companies are, as per customs documents and industry sources, using Asian currencies to purchase... Published 17 Aug, 2022 06:47am
Markets Turkey to pay for some Russian gas in rubles: Erdogan ISTANBUL: President Recep Tayyip Erdogan has confirmed that Turkey will start paying for some of its Russian natural... Published 06 Aug, 2022 05:39pm
Markets India boosted Russian oil imports in April-May by more than 400,000 bpd MOSCOW: India cranked up Russian oil imports by 4.7 times in April - may, or by more than 400,000 barrels per day... Updated 26 Jul, 2022 06:36pm
Markets Revenue from Russian oil and gas exports rise in June y/y MOSCOW: Export revenues from Russian oil and gas sales jumped in June from the year-earlier period thanks to rising... Published 26 Jul, 2022 01:14pm
Opinion The increasing Indo-Pak disparity For a couple of early years of Pakistan’s and India’s independence, the disparity in terms of border security,... Published 16 Jul, 2022 04:20am
World Ukraine prepares for fresh Russian assault, West braces for worsening energy crisis KYIV: Ukraine expects a fresh assault by Russian ground forces, following widespread shelling which killed more than... Updated 12 Jul, 2022 12:24pm
Markets CPC pumps oil despite closure threat, August exports set to rise MOSCOW: Oil exports through the Caspian Pipeline Consortium (CPC) flowed smoothly and planned loadings are higher... Published 08 Jul, 2022 06:16pm
Print Oil settles up nearly $4 NEW YORK: Oil prices settled sharply higher on Thursday, rebounding from steep losses the previous two sessions, as... Published 08 Jul, 2022 05:36am
Print Oil slides 2pc to 12-week low on fears of global recession NEW YORK: Oil prices slid about 2 percent to a 12-week low in volatile trade on Wednesday, extending the prior... Published 07 Jul, 2022 05:35am
Markets China extends record imports of Russian oil into June, cuts Saudi supply SINGAPORE: China extended record imports of low-priced Russian crude oil into June despite a lockdown-induced... Published 06 Jul, 2022 02:33pm
World Zelensky denounces Greek firms’ export of Russian oil KYIV: Ukrainian President Volodymyr Zelensky on Tuesday denounced the role of Greek companies in the export of... Published 05 Jul, 2022 06:34pm
Markets US oil may test support at $106.10 SINGAPORE: US oil may test a support at $106.10 per barrel, a break below that could open the way towards... Published 04 Jul, 2022 10:15am
Print Imran blasts govt for not buying cheap Russian oil ISLAMABAD: Former prime minister and PTI Chairman Imran Khan has lashed out at the government saying that instead of... Updated 02 Jul, 2022 09:47am
Markets US oil may drop more into $106.10 to $107.74 range SINGAPORE: US oil may drop more into a range of $106.10 to $107.74 per barrel, as suggested by a projection... Published 30 Jun, 2022 10:53am
Print G7 discussions with China, India on Russian oil price cap positive WASHINGTON: Group of Seven democracies have had positive and productive discussions with China and India about a ... Updated 29 Jun, 2022 09:58am
Markets White House says discussions have begun with India on Russia gas cap implementation ABOARD AIR FORCE ONE: White House national security adviser Jake Sullivan said on Tuesday discussions have begun... Published 28 Jun, 2022 07:18pm
World Macron tells Biden that UAE, Saudi can barely raise oil output GARMISCH-PARTENKIRCHEN: Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase... Published 28 Jun, 2022 03:11pm
Markets Russia exporting lighter, sweeter Urals oil as taps Asia demand MOSCOW: Russia has been improving the quality of its flagship Urals crude oil export, making the heavily-discounted... Published 28 Jun, 2022 06:10am
World A 'default' when flush with cash: Five signs Russia ain't sinking yet LONDON: Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast... Published 27 Jun, 2022 06:12pm
Markets France wants Iran, Venezuela return to oil markets SCHLOSS ELMAU: France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian... Published 27 Jun, 2022 05:29pm
Markets Bankrupt Sri Lanka seeks discounted Russian oil COLOMBO: Cash-strapped Sri Lanka on Sunday announced sending ministers to Russia and Qatar to try and secure cheap... Published 27 Jun, 2022 07:35am
Markets Bankrupt Sri Lanka seeks discounted Russian oil COLOMBO: Cash-strapped Sri Lanka on Sunday announced sending ministers to Russia and Qatar to try and secure cheap... Updated 27 Jun, 2022 01:23am
Markets Italy’s dependence on Russian gas down to 25% from 40%, Draghi says BRUSSELS: Italy’s dependence on Russia for imported gas has decreased to 25% from 40% last year, Prime Minister... Published 24 Jun, 2022 08:07pm
Markets Russian oil tankers get India safety cover via Dubai company NEW DELHI/LONDON: India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top... Published 23 Jun, 2022 01:25pm
Markets Italy's Eni reports fourth daily shortfall of Russian gas supplies ROME: Russia's Gazprom has told Italy's Eni that it would deliver similar gas supplies on Saturday to those it sent... Published 18 Jun, 2022 04:50pm
World China’s Xi to host virtual summit for BRICS emerging economies BEIJING: Chinese President Xi Jinping will host a virtual summit with top leaders from Russia, India, Brazil and... Published 17 Jun, 2022 10:28am
Markets Oil slumps 5% on recession concerns, U.S. gasoline price drop NEW YORK: Oil prices tumbled about 5% to a three-week low on Friday, led by a slump in U.S. gasoline futures, as... Updated 17 Jun, 2022 09:51pm
Markets High fuel prices to persist into 2023, Wood Mackenzie says LONDON: Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil... Published 16 Jun, 2022 04:51pm
Markets Russia considering oil exports from northern port of Murmansk Russia is considering exporting oil via the northern port of Murmansk in the event of limitations on other routes,... Updated 16 Jun, 2022 04:50pm
Markets Russian oil and fuel revenue up even as exports fall: IEA LONDON: Higher crude oil and fuel prices allowed Russian revenues to climb in May despite its export volumes... Published 15 Jun, 2022 05:33pm