Page 3 - Indian Refiners News Today

The development comes amid surging India-Russia oil trade, which reached a record 1.6 million barrels per day in February. Russia has also become the second-largest oil supplier to India after Iraq.

NEW DELHI: Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of...

NEW DELHI: Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of...

India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month to ensure the availability of refined fuels for the domestic market, two government sources with direct knowledge of the matter said

Indian refiners are racing to buy Russian crude cargoes ahead of the EU embargo and price cap on Russian oil

India, the world's third greatest oil consumer, appeared to be heading back towards pre-pandemic levels of fuel consumption, as demand rose in June by 17.9 percent from one year earlier

India, the world's third greatest oil consumer, appeared to be heading back towards pre-pandemic levels of fuel consumption, as demand rose in June by 17.9 percent from one year earlier

In May Indian refiners received about 819,000 barrels per day (bpd) Russian oil, the highest thus far in any month, compared to about 277,00 in April, the data showed

Russia has become India's second biggest supplier of oil, pushing Saudi Arabia into third place but still behind Iraq which remains number one

Imports of Russian crude by India hit a record high in May, and will likely rise again in June