TOPIC
crude oil
Energy crisis: Oil prices rise after European Union and G7 countries impose a price cap on Russian Oil
A price cap, set by EU and G7 countries, implies that oil sold at the agreed price can be shipped using the tankers of the said countries.
Pakistan seeks the same discount on crude oil as India and China, Russia says no
On November 29, a representative delegation from Pakistan flew to Moscow for a three-day visit with Russian officials to discuss the possibility of importing crude oil at a reduced price and discussing payment options and shipping costs.
‘Modi govt does not feel pressure’: Hardeep Singh Puri takes CNN journalist to cleaners after she tries to ‘guilt-trip’ India about Russian oil purchases
Hardeep Singh Puri told CNN, "We have 1.34 billion population and we have to ensure that they are supplied with energy."
India’s oil imports from the Middle East drop to a 19-month low, Russia becomes 2nd largest supplier again: Reports
After China, India has emerged as second-largest buyer of Russian oil, taking the advantage of discounted prices.
‘I’m not talking to Reuters, you did not do a proper job’, Saudi energy minister snaps at Reuters journalist after OPEC meet in Vienna
Saudi Arabia Energy Minister lambasted a Reuters journalist and refused to answer his questions for misleading reports on oil price
India saved Rs 35,000 crores from the purchase of Russian crude oil sold at discount: Report
India is now the second largest buyer of Russian oil after China. India chose to buy Russian oil in defiance of pressure from West.
Bangladesh planning to import fuel from India as country battles energy crisis, fears of ‘another Lanka’ were raised due to Chinese meddling
Bangladesh government is considering asking India for assistance to deal with the acute fuel crisis the country is experiencing recently
Daleep Singh, Joe Biden’s economic advisor, threatens India during his trip: Here is how S Jaishankar called out the West’s hypocrisy
Deputy National Security Adviser for International Economics of the Biden administration, Daleep Singh, courted controversy after he threatened India with 'consequences' for purchasing oil from Russia
India’s oil Imports from the US set to increase by 11% even after India purchased crude oil from Russia amidst the war crisis
While India is facing criticism for buying Russian oil, India's oil import from the US is set to go up by 11%
‘Russian oil cargoes that could not find European buyers are being bought by India’: Report
Lars Barstad, the CEO of a New York-listed tanker company has been quoted by the FT report as saying, "the discounts on the Russian Urals for India was about $25-30 per barrel. Freight rates would add only $3-4 per barrel, making the trade economic for India."
