India’s imports of Russian crude are expected to plunge to a near four-year low early next year, after months of US pressure.

For decades, the India-Russia economic relationship has been dominated by Indian defence and energy imports. But that has ...

Despite US President Donald Trump’s pressure on India to stop purchasing crude oil from Russia, state-run Indian Oil Corporation has placed an order for five cargoes scheduled for December ...

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 ...

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 ...

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 ...

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 ...

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 ...