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Their supply decisions are guided by price, grade of crude, inventories, logistics and other economic factors, the sources revealed.
US President Donald Trump stirred debate on Saturday by suggesting that India had stopped importing Russian oil — a move he called a "good step." However, Indian officials and oil sector sources say ...
He’s right to recognize that pressuring the Kremlin’s main cash cow is a way to grab Putin’s attention, but his approach is ...
America’s Iran sanctions are designed to halt all oil exports, whereas the G7 measure merely seeks to limit the price of ...
"Had Indian oil refiners not absorbed discounted Russian crude, combined with OPEC+ production cuts of 5.86 million barrels per day, global oil prices could have surged well beyond the March 2022 peak ...
Global oil prices could skyrocket if India ceases purchasing Russian oil, a move that would impact consumers globally.
Earlier this week, US President Donald Trump suggested that India may stop purchasing Russian oil, calling it “a good step” ...
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald ...
OTTAWA – India and Canada appear to be taking tentative steps toward restoring their diplomatic ties, with the Canadian government announcing the appointment of Jeff David as its new Consul General in ...
Trump made the statement on Friday, calling the potential move “a good step” if true. But Indian officials pushed back, ...
BRICS is an economic alliance that includes Brazil, Russia, India, China, South Africa and several other nations. So why has this alliance generated so much animosity from President Trump?