China's imports of Russian oil near record high in March BEIJING: Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded... Published 20 Apr, 2024 06:30pm
Markets China’s CNOOC stockpiles Russian oil at new reserve base SINGAPORE: State-run China National Offshore Oil Co, one of the country’s top importers of Russian oil, has in... Published 16 Apr, 2024 03:38am
Markets Russian oil and products trapped at sea MOSCOW/LONDON: Russian oil and products have become trapped at sea on four tankers after the United States hit the... Published 13 Apr, 2024 03:49am
BR Research Oil prices in for a surge? International oil prices have hovered and remained steady over the last month only to be triggered by some recent... Published 19 Mar, 2024 09:03am
Markets Russian oil exports from its western ports revised up 10% in March amid refinery outage MOSCOW: Russia will increase oil exports through its western ports in March by almost 200,000 barrels per day (bpd)... Published 18 Mar, 2024 04:30pm
Markets China’s 2023 crude oil imports hit record as fuel demand recovers China’s annual crude oil imports hit an all-time high in 2023, customs data showed on Friday, as fuel demand... Published 12 Jan, 2024 10:35am
Markets Rising prices cap India’s thirst for Russian oil NEW DELHI: Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an... Published 10 Jan, 2024 03:07pm
Markets India’s Russian oil imports drop on pricing, not due to payment woes NEW DELHI: India’s oil imports from Russia fell due to unattractive pricing and not because of payment problems, oil... Published 03 Jan, 2024 04:37pm
Markets Oil falls over demand concerns after US inventory build TOKYO: Oil prices fell on Thursday as concerns over low demand following a surprise US crude inventory build... Updated 21 Dec, 2023 01:04pm
Markets Oil perks up as Red Sea tensions spark investor jitters LONDON: Global oil benchmark Brent topped $80 a barrel on Wednesday amid jitters over global trade disruption and... Updated 20 Dec, 2023 05:11pm
Markets Oil rises by more than 1% on Red Sea tanker attack, re-routings LONDON: Oil rose more than 1% on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil... Updated 18 Dec, 2023 06:36pm
Print Russia eyes additional oil export cuts of about 50,000bpd in Dec MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 18 Dec, 2023 08:35am
Markets India bought Russian oil at $84.2/bbl in October, highest since December NEW DELHI: The average price of Russian oil delivered to top buyer India in October rose to $84.20 per barrel, way... Published 12 Dec, 2023 04:46pm
Markets Russian, Iranian oil sellers boost prices as Venezuelan crude rallies SINGAPORE: Sellers of sanctioned oil from Russia and Iran are hiking offer prices to China after Venezuelan crude... Published 11 Dec, 2023 01:54pm
Markets India’s Russian oil purchases could rise as global oil prices ease NEW DELHI: India’s purchases of Russian oil could rise due to easing global oil prices, a senior government official... Published 08 Dec, 2023 01:43pm
Markets Russia cuts gasoline, diesel output in October MOSCOW: Russian oil refineries reduced crude oil processing volumes in October from September by around 1.2% on a... Published 08 Nov, 2023 04:38pm
Markets Russian oil price for India eased in September vs Aug NEW DELHI: The average landed price of Russian oil for Indian refineries in September eased from August, according... Published 06 Nov, 2023 05:10pm
Markets China’s September oil imports from Russia fall on month BEIJING/SINGAPORE: Russian crude oil arrivals in China fell in September from a peak level set in the prior month,... Published 20 Oct, 2023 11:01am
Markets China crude imports up 14% on year ahead of peak travel BEIJING: China’s crude oil imports in September grew nearly 14% from a year earlier, as refiners stepped up... Published 13 Oct, 2023 10:02am
Markets Oil surges on US sanctions, tight stockpile forecasts NEW YORK: Oil prices leapt more than $3 on Friday, with Brent on track for its highest weekly gain since April,... Updated 13 Oct, 2023 08:39pm
World US sanctions two tanker owners for carrying Russian oil above price cap WASHINGTON: The US on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7... Published 13 Oct, 2023 05:50am
Markets Pakistan seeks deal to import up to 1mn tons of Russian oil per year: TASS MOSCOW: Mohammad Ali, Pakistan’s caretaker energy minister, said on Thursday that Islamabad was considering signing... Updated 12 Oct, 2023 10:43pm
Markets Putin orders regulated prices for fuel oil in some Russian regions MOSCOW: Russian President Vladimir Putin has ordered the government to provide state funds to ensure a smooth... Published 05 Oct, 2023 01:35pm
Markets Russia may lift ban on pipeline diesel exports in coming days The Russian government is ready to partially lift its ban on diesel exports in coming days, the daily Kommersant... Published 04 Oct, 2023 11:14am
Markets Oil climbs as risk appetite grows, focus returns to supply outlook LONDON: Oil prices climbed $1 on Monday after suffering losses at the end of last week, as investors’ focus returned... Updated 02 Oct, 2023 05:43pm
Markets Russian oil sold to India at 30% above Western price cap MOSCOW/NEW DELHI: Russia is selling oil to India at nearly $80 per barrel, some $20 above the Western price cap,... Published 28 Sep, 2023 03:11pm
Markets Oil prices edge lower as Russia eases fuel export ban NEW YORK: Oil prices edged lower in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains on a... Updated 25 Sep, 2023 07:58pm
Markets Oil ends week lower as demand concerns face Russia supply HOUSTON: Oil prices held steady on Friday but closed the week lower on profit-taking and as markets weighed supply... Published 25 Sep, 2023 06:34am
Markets India says rising oil prices a concern, but economic outlook ‘bright’ NEW DELHI: Rising oil prices are a concern for the Indian economy but its outlook remains bright after better... Published 22 Sep, 2023 12:10pm
Markets Russia temporarily bans fuel exports to most countries in response to shortages MOSCOW: Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four... Published 21 Sep, 2023 07:33pm