Browsing: Oil & Stock Correlation

New US sanctions on Russian oil giants Rosneft and Lukoil are prompting Indian refiners to seek more crude from the…

Analysts said, however, that it would not be technically difficult for Indian refiners to adjust.Indian oil refiners can shift away…

Reliance is estimated to have bought at least 10 million barrels from the spot market this month. Reliance Industries Ltd…

Analysts said spare crude capacity with OPEC could ease supply concerns, although pricing will be affected.The US decision to sanction…

Chinese national oil companies PetroChina, Sinopec, CNOOC and Zhenhua Oil will refrain from dealing in seaborne Russian oil at least…

Reliance had in December 2024 signed a term deal with Russia’s Rosneft to import as much as 500,000 barrels per…

Putin derided the sanctions as an unfriendly act, saying they would not significantly affect the Russian economy and talked up…

On Monday, the rupee had settled nine paise higher at 87.93 against the greenback.The rupee appreciated by 5 paise to…

The sanctions are designed to restrict their access to international financing and prevent Moscow from using oil revenue to fund…

The US Treasury has allowed companies until November 21 to wind down their transactions with Rosneft and Lukoil.Shares of oil…