Page 13 - Russia Oil Production

Japan imposes sanctions on 17 more Russians, including billionaire and MPs

Tokyo has also imposed sanctions on Russia's central bank and seven private banks, among other organisations.

Indian Oil buys 3 million barrels Russian Urals crude via tender: Report

IOC said in late February it would buy Russian oil on delivered basis to avoid any complication relating to fixing vessels and insurance

ONGC fails to get bids in its tender to sell Russian oil: Report

No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine despite pressure from the United States to do so.

Oil extends losses as Russia pledges to fulfil supply contracts

Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged to fulfill contractual obligations

Oil prices rises as market weighs OPEC filling Russia supply gap

Oil prices rose on Thursday following a sharp drop in the previous session as the market contemplated whether major producers would boost supply to help plug the gap in output from Russia

Gas security a growing worry amid price rise and Russia's export dominance

Energy industry leaders said the burgeoning energy crisis is perhaps more dire for Europe's natural gas market than its crude oil imports, due to the continent's dependency on Russia

With sanction after sanction, future looks darker for Russia's oil industry

On Tuesday, President Biden announced a ban on Russian oil imports to the United States, a move aimed at further penalising Russia

Europe faces pressure to join boycott of Russian oil and gas

The 27-member European Union faces far more economic pain from the war and resulting sanctions than the U.S. true above all when it comes to the oil and gas that powers vehicles

Govt works out math of keeping Russia supplies open as oil prices spike

Even if Moscow relents and sells oil for rupees to India, European insurers may be reluctant to underwrite; in any case a bigger Russian tilt would involve a larger financial switch by New Delhi

Asia stocks rebound after Wall Street falls, US bans Russian oil import

Asian stocks rebounded Wednesday after Wall Street declined and China reported inflation edged higher. Already high oil prices rose further, adding more than USD 2 per barrel following President Joe Biden's ban on imports of Russian crude. Stock benchmarks in Shanghai, Tokyo and Sydney rose while Hong Kong declined. South Korean markets were closed for a presidential election. Wall Street's benchmark S&P 500 index sank 0.7 per cent amid enduring unease over the impact of Russian President Vladimir Putin's attack on Ukraine. Asian markets seem to be taking a breather from their sell-off, but Wall Street's retreat may drive some wait-and-see as geopolitical risks show no signs of easing, Yeap Jun Rong of IG said in a report. Also Wednesday, China's government reported consumer prices rose 0.6 per cent in February from the previous month while producer prices gained 0.5 per cent. The Shanghai Composite Index rose 0.6 per cent to 3,312.39 and the Nikkei 225 in Tokyo gained 0.9 to ...

Not all allies currently in position to join Russia oil ban: US official

The US admin said it consulted its European allies before banning the import of Russian oil and gas while stressing that it recogniSes not all of its partners were in a position to follow suit.

India's economic challenges amid soaring crude oil price

Russia has threatened to shut its gas pipeline to Germany and warned of crude price at $300 a barrel. Back home, the signs of economic distress are imminent. What are the challenges ahead of India?

China mulls stakes in Russian energy, commodity companies: Report

Any deal would be to bolster China's imports as it intensifies its focus on energy and food security - not as a show of support for Russia's invasion in Ukraine - the people said

EU aims sanctions on 14 wealthy Russians, dozens of lawmakers

The EU is also divided over whether to impose an embargo on Russian oil

Joe Biden bans US import of Russia oil in attempt to punish Putin

Britain, EU commit to phasing out dependency on Russian energy supply

Russia-linked Nayara Energy put under credit watch, says CARE Ratings

Nayara operates the 400,000 barrel-per-day (bpd) Vadinar refinery in India's western Gujarat state and has a fleet of about 6,500 retail fuel stations in the country.

Top Headlines: ex-NSE CEO Chitra arrested; SII bets on non-Covid vaccines

Business Standard brings you the top headlines at this hour.

Ukraine war: US, allies discuss Russia oil import sanctions, says Blinken

US Secretary of State Antony Blinken says the US and its allies are having a very active discussion about banning the import of Russian oil and natural gas in the latest escalation of their sanctions

Shooting a bunch of missiles at the architecture of globalisation

The West's attempt to bring Vladimir Putin to heel by weaponising everything from aircraft spares to finance will have much wider repercussions, writes T N Ninan

Oil rebounds as escalating Ukraine conflict raises supply concerns

Global stocks fell and oil prices rose on signs of an escalation in the Russia-Ukraine conflict after reports of a fire at a Ukrainian nuclear power plant after an attack by Russian troops