Russia’s Rosneft Signs Deal to Supply More Crude Oil to China
Russia’s top oil producer, state-controlled Rosneft, has signed a deal to supply additional pipeline volumes of crude to…
Halting Russian crude could cost India billions, warn Analysts
An SBI Research report from August 8 said if India stopped oil imports from Russia during the rest…
Crude oil prices rise after drone attacks on Iraqi oilfieldsÂ
Crude oil futures traded higher on Friday morning on supply concerns following drone attacks on oil fields in…
U.S. Shale Output Nearing Peak as Oil Prices Stagnate
The decline in oil prices and the prevailing uncertainty about the economy, trade, and supply chains are accelerating…
Crude shortage stalls 42% capacity utilisation of refineries
A continued shortfall in crude oil supply to domestic refiners has kept the capacity utilisation of refineries at…