Tue, 21-Oct-2025

India’s Russian oil buying since Ukraine war more than double from 2021

Russian oil

India has bought more than two times as a great deal crude oil from Russia in the months when you consider its invasion of Ukraine because it did in the complete of 2021, in line with Reuters calculations, as Indian refiners snapped up discounted oil that others have avoided. Refiners in India have located orders … Read more

US acts outside IEA; release oil from SPR to curb fuel prices

US

LONDON: Despite warning from analysts, US President Joe Biden finally announced the release of crude oil from the country’s strategic stockpile, a unilateral move first mooted by his Energy Secretary Jennifer Granholm in October, as he seeks to curb inflationary pressure in the US economy, Arab News reported. Gasoline prices nationwide are averaging about $3.40 a gallon, … Read more