Indian Oil to Rebalance Crude Buying

Indian Oil to Rebalance Crude Buying After Russia Sanctions
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.
Why Indian refiners can’t access Russian oil cargoes
The recent implementation of new US sanctions targeting Russian oil producers, tankers, and insurers has created a disruption in the supply chain. Middlemen who were previously involved in supplying Russian oil to Indian refiners,
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by the West. That may be about to change.
Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum .
India widens approvals for Russian insurers after oil sanctions
Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports until February 2026
How US sanctions on Russia shadow fleet may impact India oil imports
The latest sanctions package would certainly have an impact on India’s oil imports, given Russia is currently the biggest crude oil source market for India. How it would really pan out would be contingent upon various variables.
Indian banks block Russian oil payments after new US sanctions
Indian banks has begun blocking payments for Russian oil imports following the latest round of U.S. sanctions against Russia's oil industry, according to a report from Energy Intelligence, an energy information company.
India's Bharat Petroleum to invest $121 million to develop Indonesian oil and gas block
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India's palm oil imports to hit 5-year low in Jan on negative margins, sources say
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India's Bharat Petroleum to invest $121 mln to develop Indonesian oil and gas block
India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the ...
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India on the brink of a new oil shock
By bno - Taipei Bureau India is facing the very real threat of an oil shock as new US sanctions targeting Russian crude come ...
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China, India acquire 60% of Iraq’s oil exports in 2024
Data issued by the US Institute for Energy Research revealed that China and India accounted for 60 percent of Iraq’s oil ...