Indian refiners will boost crude oil imports from the Middle East and the US, replacing reduced Russian supplies amid sanctions.
Meanwhile, US crude supplies to India surged significantly in October, driven by favorable economics and a wider Brent-WTI ...
This drop was attributed to refiners prioritizing strong domestic demand during the festive season and addressing supply ...
However, given their combined Russian seaborne crude imports of 2.7-2.8 mbd, complete substitution remains improbable, ...
India's petroleum product exports dropped 21% MoM to 1.25 million barrels per day (mbd) in October, driven by a post-sanction ...
HMEL is the first Indian firm to officially announce suspension of Russian oil imports after sanctions on two of Moscow's ...
Indian refiners are likely to ramp up crude oil purchases from the Middle East, Latin America and the US to compensate for reduced imports from Russia, following Washington’s sanctions on two major ...
The already growing US share in India’s crude basket underscores deepening US–India energy ties and aligns with India’s strategy to balance supply security, economics, and geopolitics.
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