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India’s Russian Oil Dilemma: Cheap Crude, Costly Consequences
02 Dec 2025 14:41 GMT
… its main oil exports—at times as low as $35 a barrel—allowing … hub for processing discounted Russian crude and exporting refined fuels — some of which eventually … to halt purchases of Russian crude, global fuel prices could surge, hitting …
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It Is Shameful – Dangote Blasts Oil Firms Over Crude Diversion
02 Dec 2025 12:46 GMT
… no business importing crude or refined petroleum products.
The billionaire … criticised the crude supply practices of international oil companies, … five dollars per barrel.
“The crude is available. It … said that the refinery exports its products if regulators …
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Trump sanctions: India’s crude imports from Russia at 5-month high - can it continue?
02 Dec 2025 15:22 GMT
… oil purchases as sanctions and diminished European demand made these barrels … Petroleum Corporation Ltd (HPCL), HPCL-Mittal Energy Ltd and Mangalore Refinery and Petrochemicals … opportunity. Current export patterns suggest that December crude imports will …
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Prices rise 2.4% in November as weak won sends petroleum, food costs soaring
02 Dec 2025 15:15 GMT
… decline in global oil prices.
“Dubai crude prices in November … , alongside reduced supply in exporting countries.
The living … forward,” Lee said. “Petroleum and imported agricultural, livestock … translations are reviewed and refined by our newsroom.
BY …
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Nigeria Offers 50 Oil Blocks in Major Licensing Drive
02 Dec 2025 16:31 GMT
… by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), signals … ’s crude output by an estimated 2 billion barrels over … chains.
Globally, the oil market continues to navigate volatile … roughly 80% of total export earnings and around 30% …
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Strategists Expect Over 3MM Barrel WoW USA Crude Stock Rise
02 Dec 2025 16:12 GMT
… a small increase, with exports (+0.2 million barrels per day) and … revealed. Total petroleum stocks - including crude oil, total motor gasoline, fuel ethanol, kerosene … a well-supplied market”.
“Higher refinery runs, rising imports, and broad …
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India's cut in Russian oil imports can only be for very brief period: Kremlin spokesman
02 Dec 2025 15:19 GMT
… the purchase of petroleum products distilled from Russian crude.
Reliance Industries … been imposed on Russia’s crude oil exports.
The company also said that … Refinery and Petrochemicals Ltd and Hindustan Petroleum Corp have also stopped buying Russian oil …
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OPEC+ members to undergo annual oil capacity audit under new plan, sources say
02 Dec 2025 15:44 GMT
… the Organization of the Petroleum Exporting Countries in 2024 over … to appoint U.S. petroleum consultant DeGolyer and MacNaughton … OPEC+ uses to monitor its output.
The furthest below target in barrel … disputes over how much oil OPEC members said they were …
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Democracy, drugs or oil? Why Trump is gunning for Venezuela's Maduro - explained
02 Dec 2025 16:07 GMT
… , Venezuela’s 303 billion barrels of proven oil reserves - the largest … in his letter wrote to OPEC and OPEC+ nations that he was … that have throttled its own exports to just $4.05 billion … ally - Its President Gustavo Petro has already accused the US …
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Putin seeks to boost energy, defence exports in India
02 Dec 2025 16:57 GMT
… 's purchases of Russian crude.
Ahead of Putin's … extending rupee loans to Russian exporters and local units to boost … most of its refiners have stopped buying Russian oil, though widening discounts …