Russia Oil Production

Russian crude oil supplies to India, which set records in June and July at nearly 55 per cent of the country's total imports and bailed out Indian refiners, are under threat while West Asian supplies

India has emerged as a key supplier of gasoline (petrol) to Russia amid a surge in Russian fuel imports triggered by Ukrainian drone attacks on refineries, ship tracking data showed. Russia's seaborne gasoline imports surged to a record around 125,000 barrels per day (kbd) in August, equivalent to a projected 470,000 tonnes for the month, as repeated attacks on its refineries disrupted domestic fuel production, according to energy analytics firm Vortexa. Indian refiners supplied as much as 1 million barrels of gasoline in the last two months, trade sources said. The supplies essentially came from Vadinar refinery in Gujarat, operated by Nayara Energy, which is half owned by Russia's Rosneft. Since 2022, India has pivoted towards Russia to meet a bulk of its crude oil -- raw material for making fuels like petrol and diesel. India's purchases of Russian crude oil hit a record high as the conflict in the Gulf squeezes supply from other sources. India imported more than 2.6 million ...

Given the pressure on Moscow's crude exports, processors have been seeking alternative barrels from regions including West Africa and even the Americas

Official says trade talks with Washington remain 'reassuring'

It's the first time Moscow has imported the motor fuel from the South Asian nation, according to Kpler data, with the lengthy journey required an indication of how dire the crunch is becoming

India's US crude imports may fall to around 75,000 bpd in August, near 70,000 bpd in December 2024; imports had peaked at about 565,000 bpd in October 2025

A US Senate vote to advance tougher sanctions on Russia raises the risk of disruption to Russian crude supplies but is unlikely to immediately alter oil flows to India and China, according to Kpler analyst Sumit Ritolia. The US Senate on Friday passed a bipartisan Russia sanctions bill that would give President Donald Trump authority to impose tariffs of up to 100 per cent on imports from countries that are among the world's largest buyers of Russian oil and gas. The Lindsey O. Graham Sanctioning Russia Act of 2026 targets the five biggest purchasers of Russian energy and is aimed at cutting Moscow's revenues from oil and gas sales. The measure still needs to clear the US House of Representatives and faces further legislative and administrative steps before it could take effect. According to Ritolia, the measures still face further legislative and administrative hurdles, while their impact will depend largely on how aggressively the US administration implements them, including wheth

The US Senate voted overwhelmingly to approve a bill to punish Russia and key buyers of its petroleum products, such as China and India, claiming that such trade helps fuel the Ukraine war. The bill, renamed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, was approved by the Senate by an 86-11 vote. It allows President Donald Trump to impose 100 per cent tariffs on goods from countries that are top five importers of Russian oil and gas. At present China, India, Azerbaijan, Hungary and Slovakia are top five importers of oil and gas from Russia. In addition to Russia sanctions, the bill would extend till 2031 the expiration date of the Iran Sanctions Act of 1996, which penalises companies that invest in Iran's energy sector. The bipartisan bill was championed by Republican senator Lindsey Graham, who passed away on July 11, and Democrat Richard Blumenthal. After Graham's sudden death following a trip to Kyiv, leaders across the aisle moved with renewed vigour to ensu

Days after the US Senate cleared a new bill that would authorise President Donald Trump to impose tariffs of up to 100 per cent on India, China and other major buyers of Russian oil and gas, New Delhi on Friday said it was closely monitoring the situation. The bill will now be taken up by the House of Representatives for deliberation. "On energy security, our position has been clarified and very well articulated on several occasions. It is something which is predicated on our national priorities and on securing the energy needs of our 1.4 billion people through diversified sources, which includes the US," External affairs ministry spokesperson Randhir Jaiswal said. He was responding to a question on the US Senate clearing the bill by 86-12 vote. "We remain engaged with relevant stakeholders in the US at various levels on this particular matter," Jaiswal said. The Lindsey O Graham Sanctioning Russia and Iran Act of 2026 would impose primary and secondary sanctions against Russia an

The legislation allows US President Donald Trump to impose tariffs of as much as 100 per cent on the top five purchasers of Russian oil and natural gas, essentially targeting China and India

Ukrainian drones struck two sprawling warehouses, one of them just east of Moscow, as part of attacks overnight and on Saturday afternoon that killed nine people and wounded more than 80, Russian officials said. Kyiv's forces have pressed their relentless aerial campaign against energy infrastructure and military targets inside Russia, aiming to undermine Moscow's war effort and make Russians feel the consequences of the Kremlin's all-out invasion of Ukraine that is well into its fifth year. Two sprawling warehouses of Russia's major online retailer, Wildberries, were hit by Ukrainian drones overnight, according to Russian officials - one in the town of Kotovsk in the Tambov region, some 360 kilometers (220 miles) from the border with Ukraine, and another in the city of Elektrostal, about 50 kilometers (30 miles) east of Moscow. A Ukrainian drone also hit an oil depot in the city of Noginsk, just north of Elektrostal, sparking a fire and prompting evacuations of a nearby maternity .

A proposed US Bill targeting buyers of Russian oil could disrupt India's energy security and trade, even as West Asia tensions threaten global oil supplies

India's imports of Russian crude oil surged to a record high in June, rising 34 per cent from the previous month despite a decline in Russia's overall oil export revenues, according to a report by the Centre for Research on Energy and Clean Air (CREA). India bought Russian crude worth EUR 4.5 billion in June, accounting for 83 per cent of its total Russian fossil fuel imports of EUR 5.5 billion, making it the second-largest buyer of Russian hydrocarbons after China, the report said. The sharp increase came as India's overall crude imports rose 5.4 per cent month-on-month, with Russian supplies to key refineries posting steep gains. Deliveries to Reliance Industries' Jamnagar refinery jumped 150 per cent from May, while imports at Indian Oil Corp's Paradip refinery rose 126 per cent. BPCL's Kochi refinery and Nayara Energy's Vadinar refinery recorded increases of 83 per cent and 45 per cent, respectively, CREA said. The surge in Indian purchases helped lift Russia's crude export ...

Russia's temporary diesel export ban has pushed global fuel prices to multi-year highs, adding fresh pressure to energy markets already disrupted by the Iran war

Russia-backed private refiner Nayara has been relying on traders to import crude & export refined fuels since European Union sanctions imposed last July complicated payments with customers & suppliers

Russia is considering temporarily permitting Euro-2 fuel standards, which were phased out more than a decade ago due to environmental concerns

Ukraine kept up its heavy drone assault on Russia, setting fire to a major oil refinery in the south, as President Vladimir Putin acknowledged for the first time on Sunday that the country was facing a "certain deficit" of fuel and vowed to strengthen protection of oil facilities and boost fuel output. Ukraine has markedly stepped up its long-range attacks on Russian military industries and energy facilities in recent months, aiming to cut Moscow's revenue for its invasion - now in its fifth year - and make Russians feel the consequences. "Our long-range sanctions' reached two oil refineries in Russia," Ukrainian President Volodymyr Zelenskyy wrote on the Telegram messaging app on Sunday. "Each (strike) means a reduction in the resources that fuel the Russian war machine, and another step toward peace." The campaign has choked Russian fuel supplies, causing widespread shortages and long lines at gas stations across the country and prompting authorities in many regions to introduce .

Ashwani Mahajan says the proposed India-US trade pact has become a one-sided market access arrangement, with key differences persisting over agriculture, data and Russian oil

Until June 20, Russia contributed to nearly 50 per cent of India's total crude oil imports in the month, showed data from maritime intelligence firm Kpler

Indian refiners expect Russian crude discounts to widen as additional supplies from Iran and West Asia enter the market following the US-Iran ceasefire agreement