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Browsing: Oil & Stock Correlation
MRPL seeks alternative sources amid US pressure to continue Russian imports, ETEnergyworld
Russian oil accounted for about 35% to 40% of MRPL’s overall oil imports in the September quarter.Mangalore Refineries and Petrochemicals…
China warns of ‘firm countermeasures’ over US sanctions threats, defends Russia oil imports, ETEnergyworld
Lin said China has always maintained an objective and fair stance on the Ukraine crisis, and its policy is open…
State-run refiners have already slashed the share of Russian crude to about 20% of their intake.US President Donald Trump said…
Earlier, Nayara Energy had been hit by European Union sanctions, a move it strongly condemned. India on Thursday said it…
PM Modi launches development projects worth ₹13,430 crore in Andhra Pradesh, ETEnergyworld
Prime Minister Narendra Modi on Thursday inaugurated and laid the foundation stone of development projects worth around ₹13,430 crore in…
India paying for Russian oil in yuan and rubles, reveals Deputy PM Alexander Novak, ETEnergyworld
Indian refiners bought ₹2.5 billion (₹25,597 crore) worth of Russian crude in September.Russian Prime Minister Alexander Novak revealed that India…
Indian refiners increase US LPG imports, reduce Middle East purchases in 2026, ETEnergyworld
Indian state refiners are jointly seeking to buy about 2 million metric tons of US LPG in 2026 through tenders.India…
The statement added that ensuring stable energy prices and secured supplies have been the twin goals of India’s energy policy.…
Foreign ministry said it was discussing deeper energy co-operation with the US.Some Indian refiners are preparing to cut Russian oil…
Oil prices rise after Trump claims India pledged to stop buying Russian oil, ETEnergyworld
Some Indian refiners are preparing to cut Russian oil imports, with expectations of a gradual reduction.Oil prices rose around 1…