Tag: Russian oil imports India

India’s Russian oil imports rise in May as refiners boost purchases

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India’s Russian oil imports rise in May as refiners boost purchases

Image used for representational purposes only. File | Photo Credit: Reuters India remained the world’s second-largest buyer of Russian fossil fuels in May, importing an estimated 5.8 billion euros ($6.7 billion) worth of Russian hydrocarbons as refiners stepped up crude purchases from Moscow, European think tank Centre for Research on Energy and Clean Air (CREA)…

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Indian state refiners pause Russian oil purchases, sources say amid Trump’s tariffs

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Indian state refiners pause Russian oil purchases, sources say amid Trump’s tariffs

Image used for representation purpose only. Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd — have not sought Russian crude in the past week or so | Photo Credit: Reuters Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S….

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