Indian Oil Corp. plans to start a joint venture with commodities trader Vitol Inc. in Singapore to trade oil and fuel products early next year, a person familiar with the development said. The ...

India continues buying discounted Russian oil despite Western sanctions, then exports refined petroleum products to Europe, ...

US President Donald Trump’s attempts to financially choke Moscow’s Ukraine war machine by imposing sanctions on Russian oil firms sent immediate ripples through offices in India and China. Some ...

Two Indian refiners have bought cargoes totaling 4 million barrels of Guyanese crude, Reuters has reported, citing unnamed trade sources who also said the oil will be delivered by the end of this ...

MUMBAI, India — Tariffs on many Indian-origin goods entering the United States have now been doubled to 50%. While India has long been seen by the U.S. as a bulwark against China, Indian goods now ...

Indian oil refineries have stopped accepting Russian crude oil delivered by tankers operated by Sovcomflot—Russia’s largest commercial shipping company that has been sanctioned by the ...

Reliance Industries Ltd., India's largest buyer of Russian crude and a leading multinational conglomerate, said it plans to reduce or suspend shipments. According to the report, a company spokesperson ...

Indian Oil Corp has bought another cargo of U.S. West Texas Intermediate for delivery in October, Reuters reported today, citing unnamed industry sources. The deal is part of a recent streak of ...

Aug 14 (Reuters) - Indian Oil Corp (IOC) (IOC.NS), opens new tab, the country's top refiner, reported first-quarter profit below analysts' estimates on Thursday, as inventory losses dented its ...