India’s oil imports from Russia rebound in November NEW DELHI: India’s Russian oil imports rebounded in November after several plants came back online from planned... Published 30 Nov, 2023 02:41pm
World Russia is not ruling out quotas on fuel exports, deputy PM says MOSCOW: Russia is not ruling out introducing quotas on the export of oil products to stabilise gasoline prices,... Published 21 Jul, 2023 01:51pm
Markets Asia buys near-record volumes of US crude, replaces MidEast oil SINGAPORE: Asian refiners have booked near-record volumes of US crude to be shipped in August, replacing Middle... Published 21 Jul, 2023 12:25pm
Markets India’s Russian oil imports hit new high in June, but growth slows: trade NEW DELHI: India’s imports of Russian oil edged up to an all-time high in June, though growing at the slowest pace... Published 19 Jul, 2023 06:09pm
Markets Indian refiners used yuan to pay for some Russian oil imports NEW DELHI: Indian refiners have settled some payments for Russian oil imports in Chinese yuan, but the U.S. dollar... Published 14 Jul, 2023 05:38pm
Markets India’s Russian oil imports surge to a record in Jan NEW DELHI: India’s Russian oil imports climbed to a record 1.4 million barrels per day (bpd) in January, up 9.2%... Published 20 Feb, 2023 07:06am
Business & Finance China ministry meets refiners for update on Russian oil trade SINGAPORE: China’s commerce ministry has met independent oil refiners to discuss their deals with Russia, five... Published 18 Feb, 2023 03:33am
Markets India’s Russian oil imports surge to a record in January NEW DELHI: India’s Russian oil imports climbed to a record 1.4 million barrels per day (bpd) in January, up 9.2%... Published 17 Feb, 2023 07:13pm
Opinion Russian oil sold to India below price cap in buyers’ market Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil... Published 15 Dec, 2022 06:45am
Markets G7 Russian oil price cap evolves from revenue squeeze to market anchor WASHINGTON: When US officials first floated the idea of capping Russian oil export prices in response to a planned... Published 07 Dec, 2022 10:44am
Opinion The elusive Russian oil Peshawar There appears to be a growing realisation in the government that the economic situation is already bad and... Published 07 Dec, 2022 05:54am
Markets Oil rises on tight supplies, China possibly easing COVID curbs LONDON: Oil prices rose by more than $1 on Thursday in response to tighter supplies and on news that China is... Updated 20 Oct, 2022 07:57pm
Print Govt ‘actively’ mulling importing Russian oil: Dar ISLAMABAD: Finance Minister Ishaq Dar said Wednesday that Pakistan is actively considering the import of oil from... Updated 20 Oct, 2022 10:06am
Print Russia earns $98bn from fuel exports in 100 days of Ukraine war: report PARIS: Russia earned 93 billion euros ($98 billion) from fossil fuel exports during the first 100 days of its war in... Published 14 Jun, 2022 07:18am
Markets EU agrees gradual Russian oil embargo, gives Hungary exemptions BRUSSELS: European Union leaders have agreed an embargo on Russian oil imports that will kick in around the turn of... Published 31 May, 2022 09:51pm
World War in Ukraine: Latest developments KYIV: Here are the latest developments in the war in Ukraine: EU agrees ban on most Russian oil EU leaders back a... Published 31 May, 2022 10:45am
World EU’s Borrell hopeful of deal on Russian oil ban PARIS: European Union members should be able to reach an agreement on a new sanctions package against Russia,... Published 30 May, 2022 11:31am
Markets Russian isolation won’t spark ‘acute’ oil supply crunch: IEA PARIS: Russia’s growing isolation will not create an “acute” global oil supply crunch as production from other... Published 13 May, 2022 05:59am
Business & Finance Rouble eases from over 2-year high vs euro MASCOW: The Russian rouble hit a more than two-year high against the euro before easing on Friday and hovered near ... Published 09 May, 2022 05:39am
Markets New pipeline links Baltics to European gas network JAUNIUNAI, (Lithuania): Poland and the Baltic states Thursday inaugurated a new gas pipeline that links the... Published 06 May, 2022 05:03am
Markets Raw sugar firms off six-week low; coffee up, cocoa flat LONDON: Raw sugar futures on ICE rose on Wednesday, recovering from a six-week low hit in the previous session as... Published 04 May, 2022 06:01pm
World Germany drops opposition to Russian oil ban, ministers say BERLIN: Two senior ministers in Chancellor Olaf Scholz’s government on Monday said Germany would be ready to back an... Published 02 May, 2022 09:32pm
Markets Higher oil prices boost Dubai, Abu Dhabi; Saudi stocks pause DUBAI: Dubai and Abu Dhabi indexes gained on Thursday as oil prices rose on fears of supply issues, while investors... Published 22 Apr, 2022 05:36am
Markets India BPCL buys 2m barrels of Russian Urals for May loading NEW DELHI: India’s Bharat Petroleum Corp Ltd has bought 2 million barrels of Russian Urals for May loading from... Published 07 Apr, 2022 05:15am
Markets Germany aims to be nearly free of Russia oil this year BERLIN: Germany said Saturday it aims to be nearly free of Russian oil imports by the end of this year, as countries... Published 13 Mar, 2022 06:22am
Editorials Avoiding stagflation in 2022 EDITORIAL: While French Economy Minister Bruno Le Marie’s warning that the Russian invasion of Ukraine is pushing... Published 12 Mar, 2022 04:08am
World Ukraine crisis to dominate EU leaders’ Versailles summit VERSAILLES: EU leaders will scramble Thursday to find ways to urgently address the fallout of Russia’s invasion of... Published 10 Mar, 2022 11:02am
Markets Asia naphtha crack slips NEW DELHI: Asia’s naphtha eased to $217.55 a tonne on Tuesday as crude oil benchmarks see-sawed over talks of a... Published 09 Mar, 2022 06:44am
Markets Gulf markets end mixed, Egypt down nearly 3pc DUBAI: Major Gulf bourses ended mixed on Tuesday, with Egypt’s index down nearly 3%, amid global concerns over... Published 09 Mar, 2022 06:44am
Markets Wall Street slips on concerns about Russia oil ban NEW YORK: US stock indexes edged lower in volatile trading on Tuesday as investors assessed the impact of a ... Published 09 Mar, 2022 06:44am