You Searched For "Russian oil discount" and got 17 results
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3 mins read
India imports $12.4 billion worth of crude from Russia but discounts are waning
India has been enjoying the discounted crude oil from Russia for over a year now. But the discount …
2 mins read
China is on pace to buy a record amount of Russian oil this month
China is expected to import 1.7 million barrels of Russian crude a day, taking over Indian demand, …
Filip De Mott
1 min read
Indian refineries are completely refusing oil from a key Russian shipping giant
Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …
Filip De Mott
1 min read
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
1 min read
US oil suppliers are getting a boost from Russian sanctions as India looks to buy more from them
India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 m…
Filip De Mott
2 mins read
India imported 420,000 fewer barrels of Russian oil a day in February amid tightening sanctions
Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the…
Filip De Mott
2 mins read
More Russian oil ships have been floating at sea with nowhere to go amid sanctions pressure
Four ships with at least 3 million barrels of Russian oil were floating with no apparent destinatio…
Jennifer Sor
1 min read
China's imports of Russian oil are on track to hit a record high as Beijing doubles down on steep discounts
Analysts expect nearly 43 million barrels of Russian crude will be delivered to China this month, a…
Zahra Tayeb
1 min read
Russian oil production has jumped 5% so far in June as China and India continue snapping up discounted barrels
Average daily oil production hit 1.46 million tonnes through the first 13 days of June, about 68,00…
Phil Rosen
1 min read
Fuel made from Russian oil is being funneled to New York by Indian refiners that are snapping up discounted crude
India is one of Russia's top oil customers, and the nation has been funneling record amounts of fue…
Jennifer Sor
1 min read
China's largest oil trader is hiring tankers to carry even more discounted Russian crude
China is escalating its efforts to import cheap Russian oil by sea, with ESPO crude trading at a si…
George Glover
1 min read
China is buying Russian oil at a bigger discount using yuan as price cap looms, report says
The deals come ahead of the December 5 start date for a Russian oil price cap as well as the Europe…
Phil Rosen
2 mins read
Russia is pulling in less oil profits even though it's shipping more crude as buyers in Asia get huge wartime discounts
Crude exports rose last week but total revenue fell by $9 million, or about 5%, due to a lower per-…
Phil Rosen
1 min read
Indonesia will consider 'all of the options' as steep Russian oil discount and G7 price cap loom
"We always monitor all of the options. If there is the country [and] they give a better price, of c…
Brian Evans
1 min read
China is snapping up Russian oil at the steepest discount in months as EU scrambles to keep a lid on Moscow's energy income
"They don't really care about the price cap. All they do is crunch the numbers to see if the delive…
Jennifer Sor
1 min read
China halts some Russian crude purchases as looming oil price cap leaves buyers looking for a bigger discount
Cargoes of Russian ESPO crude remain unsold as Chinese buyers are waiting to see if they can get ch…
Phil Rosen
1 min read
Discounts on Russian crude oil are shrinking as Moscow regains pricing leverage in a tight energy market
Prices for oil from Russia's Far East are now at parity with Dubai crude after previously trading a…