Russian crude purchases jumped 34% month-on-month, making India the second-largest buyer after China. Key Highlights New Delhi: India’s imports of Russian crude oil climbed to a record high in June 2026, increasing 34% from the previous month despite a decline in Russia’s overall oil export revenues, according to a report...
Russian crude accounted for 83% of India’s fossil fuel imports from Russia, according to CREA. Key Highlights New Delhi: India remained the second-largest buyer of Russian fossil fuels in June 2026, importing hydrocarbons worth €5.5 billion, according to a report by the Centre for Research on Energy and Clean Air...
India remained the second-largest buyer of Russian fossil fuels in June 2026, with crude oil accounting for 83% of its total purchases, according to a CREA report. Highlights India significantly increased its purchases of Russian crude oil in June 2026, reinforcing its position as Russia’s second-largest fossil fuel customer after...
India has started supplying gasoline to Russia through trader-mediated channels as damage to Russian refineries has created a domestic fuel shortage. The development highlights India’s growing role as a global refining hub while Russian crude imports continue to hit record highs. Key Highlights Reverse Oil Flow: Why India Is Supplying...
Sub-headline: Nayara cuts petrol by ₹5 and diesel by ₹3, but public OMC rates remain steady across major cities. Highlights Petrol and diesel prices across major Indian cities remained largely unchanged on Thursday, July 2, even after Nayara Energy announced a sharp reduction in its pump rates. Nayara, India’s largest...
Private fuel retailer Nayara Energy has reduced petrol and diesel prices as global crude oil prices stabilize, while government-run oil companies have kept retail fuel prices unchanged. Highlights Private fuel retailer Nayara Energy has reduced petrol and diesel prices from July 1, offering relief to motorists amid easing crude oil...
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