close
Sensex (-0.48%)
65512.10 -316.31
Nifty (-0.56%)
19528.75 -109.55
Nifty Smallcap (0.68%)
5923.15 + 39.85
Nifty Midcap (0.18%)
40608.85 + 71.80
Nifty Bank (-0.42%)
44399.05 -185.50
Heatmap

RIL, Nayara account for a combined 69% of Russian oil shipments to India

The push by Reliance and Nayara to scoop up Russian Urals from the market propelled Russia to become India's second biggest oil supplier last month

Oil trade
Premium

Supplies of Russian crude to India averaged 380,000 barrels a day this month.

Mumbai
6 min read Last Updated : Jun 22 2022 | 1:19 AM IST
Follow Us
Neither pressure from the US nor tightening European sanctions have made India step back from the purchase of cheap Russian crude oil, joining rival China to create financial lifelines for

Also Read

BP move to give up Rosneft stake may not impact Nayara Energy directly

Ukraine war fallout: Nayara to pay higher interest after NCD downgrade

Ukraine war, economic uncertainty delays Nayara Energy stake sale plan

Ukraine crisis: After Trafigura, UCP looks to sell stake in Nayara Energy

India's Russian revolution in oil: Why refiners are buying more Urals crude

Jain Irrigation to merge international biz with Temasek-backed Rivulis

PVR, Inox get SEBI nod for merger to create India's largest multiplex chain

IG International, Esquire Corrugation form JV for fresh produce packaging

Reliance-backed Fynd plans to hire additional 2,000 engineers in FY23

Bharat Biotech's Covaxin induces wider immune response, say experts

Topics : Vladimir Putin oil trade Crude Oil Reliance Industries Nayara Energy

First Published: Jun 22 2022 | 1:19 AM IST

Explore News

Stock Market UpdatesStocks to Watch TodayOPPO Find N3 FlipLatest News LiveAsian Games LIVE updatesAAP Releases 2nd List of CandidatesIndia GDP GrowthAsian Games 2023 October 03 ScheduleAsian Games Medal TallyEarthquake in Delhi-NCR

Companies News

RSOLEC to invest $300 million into solar manufacturing venture in IndiaJSW Infrastructure has huge potential to grow its business: Sajjan Jindal

Sports News

Asian Games 2023 October 03 schedule: India event timings, streamingICC World Cup 2023: List of commentators announced-Shastri, Ponting & more

India News

Earthquake tremors felt in Delhi-NCR; 6.2 magnitude recorded in NepalIRCTC launches 4 days/3 nights Chennai-Shirdi package for devotees

Economy News

World Bank maintains India GDP growth at 6.3 % for FY24, cites investmentsManufacturing PMI at five-month low in Sept but remains strong: Survey
To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com
Continue
Business Standard
FROM BS WEBSITEHomeCompaniesMarketsOpinionIndia NewsTechnologyPersonal FinanceHome Loan CalculatorLatest NewsEducationPartner ContentSpecialsToday's PaperAuthorPolitics News
ABOUT USAbout UsCode of ConductTerms & ConditionsPrivacy PolicyCookie PolicyDisclaimerInvestor CommunicationList of our GST registration numberCompliance
SUPPORT & CONTACTPartner with UsCareersAdvertise with UsContact UsFeedbackBrowser SupportSitemap
READER CENTREE-PaperMy PagePortfolioRegistrationSubscribeCustom Payment
BS PRODUCTSBS HindiiPhoneBS Apps
EVENTRajasthan ElectionsTelangana ElectionsMadhya Pradesh ElectionsChhattisgarh ElectionsMizoram ElectionsAssembly Election 2023Lok Sabha Election 2024Budget
SPORTSAsian Games 2023ICC World Cup 2023World Cup 2023 ScheduleWorld Cup 2023 Points Table
Copyrights © 2023 Business Standard Private Ltd. All rights reserved
LinkedIN Icon