The recent implementation of new US sanctions on Russian oil producers, tankers, and insurers has created a disruption in the ...

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and ...

Middlemen supplying Russian oil have halted offers due to new U.S. sanctions against Russian producers, tankers, and insurers ...

State-owned banks, including the State Bank of India and Punjab National Bank, are more cautious, while private banks have ...

US sanctions on Russian oil are forcing Indian refiners to look for alternative crude sources, leading to increased costs and logistical challenges.

Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...

Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.

Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil ...

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Noida: The Noida International Airport (NIA) has signed a 30-year concession agreement with Indian Oil Corporation Ltd (IOCL) to operate fuel stations at three key locations within the airport ...

New Delhi: Noida International Airport (NIA) has signed a 30-year concession agreement with Indian Oil Corporation Ltd (IOCL) to establish and operate fuel stations at three strategic locations within ...