Fuels Heavy oils
India buys Russian crude despite narrowing discounts
Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no
Fuels Heavy oils
Russia oil discount to India decline, but shipping charges remain high
Shipping costs of $11-19 a barrel from Russian ports to India – some of it
Fuels Heavy oils
Oil refiners from India using CNY to buy Russian crude
In June, Indian Oil was the first state refiner to pay for Russian crude in
Fuels Heavy oils
Rosneft holds back on signing extra oil deals with India
According to the sources, Russia’s Rosneft is not ready to sign new crude oil deals
Refineries VERTICALS
Indian refiners still purchasing Russian oil through private deals
India is doubling down on Russian crude oil purchases despite warnings from the US, snapping
Refineries VERTICALS
Indian refiners’ October crude processing up over 11%
Indian refiners’ crude oil throughput in October rose from the previous month, government data showed