Crude Oil Exports
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US Lifts Oil Sanctions On Iran Till August 21 As Deal Talks Continue
Treasury Secretary Scott Bessent cited Tehran's commitment in ongoing negotiations to "free and open transit" in the Strait of Hormuz.
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Crude Oil Hits 1-Week Low After OPEC+ Hikes Output Supply: How To Place Bets On WTI, MCX?
Crude Oil Price Today: After OPEC+ cartel hiked the oil output supply by 5,47,000 bpd for September, Brent crude futures fell $1.17, or 1.7%, to $68.50 a barrel.
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India Imports Russian Crude Worth $2.8 Billion In July
India imports USD 2.8 bn worth of crude oil from Russia in July
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How India Is Turning Russian Oil Into The West's Fuel
India is playing an increasingly important role in global oil markets, buying more and more cheap Russian oil and refining it into fuel for Europe and the US.
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Oil Traders To Cut Russian Oil Purchases From May 15
Trading companies are, however, winding down purchases from Russian energy group Rosneft as they seek to comply with language in existing EU sanctions that were intended to limit Russia's access to the international financial system.
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India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
February crude oil imports decreased by about 8.6 per cent from the previous month and were 5.7 per cent lower than pre-pandemic levels in the same month two years ago.
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Indian Refiners Hike Crude Processing In February To Meet Demand Rise
India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.
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Oil Refiners' Crude Processing In July Jumps To 3-Month High: Here's Why
On a year-on-year basis, refiners' crude oil throughput in July jumped about 9.6 per cent, while crude oil production fell about three per cent to 602,000 bpd (2.55 million tonnes), the data showed.
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Saudi Arabia Says It Won’t Oversupply the Global Oil Market
Saudi Arabia said it will actually trim crude exports next month.
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Make Room OPEC: U.K. Is Set to Become Net Crude Oil Exporter
For all the talk of aging oil fields and shrinking production, the U.K. is about to achieve a surprising feat.
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Domestic Crude Export Not Economically Justified: Centre To Court
With nearly 85 per cent of India's crude oil requirement being met by imports, it would not be "economically justified" to permit export of the country's domestic crude production, the Centre has told the Delhi High Court.
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Oil Edges Lower as Saudi Crude Exports Fall, US Cuts Drill Rigs
Oil prices edged lower on today as data showed Saudi Arabian exports fell to the lowest in five months despite record output, while a resurgence in US drilling activity seen earlier this month seemed to fizzle out.
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Cairn India Seeks to Export Oil Despite Ban: Report
Cairn India Ltd has invited initial bids for exports of its oil from the desert state of Rajasthan, according to a copy of the tender notice seen by Reuters, despite a government ban on overseas sales of locally-produced crude.
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India to make May-July oil payments to Iran: report
India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran and gives it access to $4.2 billion in blocked funds, four sources with knowledge of the matter said.
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EU countries working on contours of Iran crude embargo
European Union member nations are firming up the contours of a proposed embargo on imports of Iranian crude oil
-
US Lifts Oil Sanctions On Iran Till August 21 As Deal Talks Continue
Treasury Secretary Scott Bessent cited Tehran's commitment in ongoing negotiations to "free and open transit" in the Strait of Hormuz.
-
Crude Oil Hits 1-Week Low After OPEC+ Hikes Output Supply: How To Place Bets On WTI, MCX?
Crude Oil Price Today: After OPEC+ cartel hiked the oil output supply by 5,47,000 bpd for September, Brent crude futures fell $1.17, or 1.7%, to $68.50 a barrel.
-
India Imports Russian Crude Worth $2.8 Billion In July
India imports USD 2.8 bn worth of crude oil from Russia in July
-
How India Is Turning Russian Oil Into The West's Fuel
India is playing an increasingly important role in global oil markets, buying more and more cheap Russian oil and refining it into fuel for Europe and the US.
-
Oil Traders To Cut Russian Oil Purchases From May 15
Trading companies are, however, winding down purchases from Russian energy group Rosneft as they seek to comply with language in existing EU sanctions that were intended to limit Russia's access to the international financial system.
-
India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
February crude oil imports decreased by about 8.6 per cent from the previous month and were 5.7 per cent lower than pre-pandemic levels in the same month two years ago.
-
Indian Refiners Hike Crude Processing In February To Meet Demand Rise
India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.
-
Oil Refiners' Crude Processing In July Jumps To 3-Month High: Here's Why
On a year-on-year basis, refiners' crude oil throughput in July jumped about 9.6 per cent, while crude oil production fell about three per cent to 602,000 bpd (2.55 million tonnes), the data showed.
-
Saudi Arabia Says It Won’t Oversupply the Global Oil Market
Saudi Arabia said it will actually trim crude exports next month.
-
Make Room OPEC: U.K. Is Set to Become Net Crude Oil Exporter
For all the talk of aging oil fields and shrinking production, the U.K. is about to achieve a surprising feat.
-
Domestic Crude Export Not Economically Justified: Centre To Court
With nearly 85 per cent of India's crude oil requirement being met by imports, it would not be "economically justified" to permit export of the country's domestic crude production, the Centre has told the Delhi High Court.
-
Oil Edges Lower as Saudi Crude Exports Fall, US Cuts Drill Rigs
Oil prices edged lower on today as data showed Saudi Arabian exports fell to the lowest in five months despite record output, while a resurgence in US drilling activity seen earlier this month seemed to fizzle out.
-
Cairn India Seeks to Export Oil Despite Ban: Report
Cairn India Ltd has invited initial bids for exports of its oil from the desert state of Rajasthan, according to a copy of the tender notice seen by Reuters, despite a government ban on overseas sales of locally-produced crude.
-
India to make May-July oil payments to Iran: report
India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran and gives it access to $4.2 billion in blocked funds, four sources with knowledge of the matter said.
-
EU countries working on contours of Iran crude embargo
European Union member nations are firming up the contours of a proposed embargo on imports of Iranian crude oil
