Thursday’s announcement by Reliance Industries that it had stopped importing crude oil from Russia was a seemingly ...

India has been snapping up discounted Russian crude for three years, but U.S. sanctions that take effect on Friday are ...

India has scaled back purchases of Russian crude for arrival in December, showing that Western sanctions and trade talks with ...

Processors will have to pay more for their feedstock, but a global oversupply should provide plenty of options.

Indian oil marketing companies (OMCs) are not expected to face significant pressure on refining margins despite U.S. sanctions on Russian oil giants. Fitch Ratings suggests the impact will be limited ...

State-owned Oil India Limited (OIL) has successfully capped a well on GeoEnpro Petroleum’s (GEPL) Kharsang oilfield in ...

Indian refiners, the top importers of Russian crude oil, are searching for alternative suppliers ahead of Friday’s summit between President Trump and his Russian counterpart, Vladimir Putin. India, ...

US sanctions on Rosneft and Lukoil, along with the EU’s ban on refined products derived from Russian crude, are unlikely to ...

India’s public-sector oil companies have successfully concluded a one-year deal to import liquified petroleum gas (LPG) from ...

Indian Oil Corporation Ltd fell for a fifth straight session today. The stock is quoting at Rs 166.04, down 0.78% on the day ...