Saudi Arabia Slashes Oil Price to Asia to 5-Year Low
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
Category : Search result: Russian oil tanker
Putin Vows Retaliation After Ukrainian Drone Hits Russian Tankers
Russian President Vladimir Putin threatens to sever Ukraine's sea access following a drone strike on Russian fuel tankers in the Black Sea. Read the latest on escalating tensions.
Ukraine Drones Hit Russian Tankers Near Turkey, Defying Erdogan
Ukrainian naval drones attacked two Russian-linked tankers near Turkey's Black Sea coast, escalating tensions. Erdogan condemns the strikes. Read the full details.
Gas tanker explodes on Gandhidham-Morbi highway, 6 vehicles burnt
A gas tanker exploded on Gandhidham-Morbi highway near Rajkot early Monday, burning six parked vehicles. No casualties reported, but a massive 5-hour traffic jam ensued. Read details.
India Secures Soy Oil Ahead of Palm Price Surge
Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.
Ukraine Hits Russian Oil Tanker with Underwater Drone
Ukraine's Security Service strikes a Russian oil tanker in the Black Sea using a sea drone. The attack highlights Kyiv's expanding naval capabilities in the ongoing conflict. Read the full details.
India imports 5.4M tonnes Russian oil via shadow fleet
India imported 5.4 million tonnes of Russian oil using shadow fleet tankers to bypass Western sanctions, according to CREA report. Moscow relies on old vessels to maintain exports amid restrictions.
Ukraine Damages Russian Shadow Fleet Tankers in Black Sea
Russia launches massive strikes on Ukrainian infrastructure as Ukraine retaliates with drone attacks on Russian oil facilities and tankers. Latest escalation in ongoing conflict.
Russian Tanker Attacked by Drone in Black Sea
A Russian tanker was attacked by a naval drone in the Black Sea, sparking a mayday call. Ukraine claims responsibility, alleging it was carrying sanctioned oil. Read for details.
India's Russian Oil Imports Drop 47% in December
India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.
Silchar: 2 Kids Die in Oil Tanker Accident, Highway Blocked
Two young cousins, aged 3 and 4, died when an oil tanker hit their scooter in Cachar. The tragedy triggered public outrage and highway blockade on NH-37. Read the full details.
30 False-Flag Tankers Shipped €2.1B Russian Oil to India
Think tank reveals 30 tankers used false flags to transport €2.1 billion worth of Russian oil to India in 2025. Discover how India's oil imports shifted post-Ukraine invasion.
Oil Prices Could Fall to $30s by 2027: JP Morgan
JP Morgan warns global oil supply is outpacing demand, risking a price crash to $30s per barrel by 2027. Will producers act to rebalance the market? Read more.
US Sanctions Strand 48M Barrels of Russian Oil
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
RIL stops Russian oil imports for export refinery
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
Reliance Stops Russian Oil Imports from Nov 20
Reliance Industries ceases Russian oil imports for its export-only refinery from November 20. All December exports will use non-Russian crude. Get the full story on this major energy shift.
Russian Oil Discounts Jump to $5-6 Amid Sanctions
Russian oil discounts surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
19 Indian Pilgrims Die in Saudi Arabia Bus-Tanker Crash
Tragic Saudi Arabia accident claims 19 Indian pilgrims' lives as oil tanker collides with stationary bus. Details emerge about the devastating collision and rescue efforts.
India Spends $2.9B on Russian Oil Before Sanctions
India purchased $2.9 billion worth of Russian crude oil in October, maintaining its position as second-largest buyer globally. Read how sanctions are impacting imports.
Iran seizes oil tanker in Strait of Hormuz
Iran's Revolutionary Guard seizes Marshall Islands-flagged oil tanker Talara carrying 30,000 tonnes of petrochemicals. Heightened tensions in crucial global oil trade route. Read latest developments.
Iran Confirms Seizure of Oil Tanker in Strait of Hormuz
Iran's Revolutionary Guard captures oil tanker near Strait of Hormuz, escalating regional tensions. Details on the incident and international reactions.
Oil Surges on Ukraine-Russia Attack, Iran Tanker Seizure
Global oil prices surged as Ukraine attacked Russian oil port Novorossiysk and Iran seized tanker near Strait of Hormuz. WTI rose 2.4% above $60. Read analysis.
India Refills Strategic Oil Reserves as Prices Drop
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
India to drastically cut Russian oil imports from November
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India Cuts Direct Russian Oil Imports from December
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
Trump Sanctions Crush Russian Oil Flows to India & China
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
India's Russian oil imports plunge after US sanctions
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
OPEC hikes oil output by 137,000 BPD from December
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
China rapidly fills oil reserves amid price slump
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
India continues Russian oil buys despite Trump pressure
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
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