india oil market

‘Exaggerated’: India’s gains from discounted Russia oil just $2.5 bn, says CLSA; far below estimates

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A CLSA report indicates India’s savings from discounted Russian oil imports are around $2.5 billion annually, significantly less than media estimates. While India benefits from ...

Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions

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Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU sanctions linked to its significant stakeholder, Rosneft. Several ...