Russian exporters stuck with $8 bn in local Vostro accounts

Some of the Russian money is invested in Indian securities, but most of it remains in…

BoE rate hike, China data: Key factors driving crude oil markets next week

Oil prices edged higher in the last session and posted a weekly gain, as higher demand…

India’s import of Russian oil scales new high in May

Image used for representative purpose only. | Photo Credit: Reuters India’s import of cheap Russian oil…

Lauded for ‘self-confidence’, who snapped up Russian oil defying the superpower?

India’s purchases of oil from Russia during the last financial year, saved it around $89 per…

Week Ahead | OPEC+ output, US debt ceiling: Key triggers for global oil market

The market will take further cues from the upcoming meeting of the oil producing cartel even…

Fuel retailers staring at under-recoveries, says petroleum minister

Petroleum Minister Hardeep Puri has said that oil companies are looking towards under-recovery New Delhi: With…

France’s differences over EU sanctions on Russian oil will be settled

France’s new foreign minister said she was optimistic that those still opposed to a new EU…

Ukraine War: Who’s Buying Russia’s Crude Oil and Who Stopped It?

The bloc’s 27 members have been unable to agree on a ban, with Germany warning against…

Stocks dive as oil rally, rupee slips to record low

Mumbai Fears gripped investors, sending India’s benchmark indices down more than 2% as the threat of…

Elon Musk calls for boosting oil, gas production to replace Russian production

Just as oil surged on Friday, the week ended at a multi-year high amid a Russian…