Poging GOUD - Vrij
Crude oil imports from Russia set to dip in Sep, Oct before rising again
Business Standard
|August 29, 2025
India's import of crude oil from Russia is set to dip in September and October, with the drop varying from 300,000 barrels per day (bpd) to 500,000, as the impact of muted cargo booking in the later half of July and the first half of August becomes visible.
This is against an average 1.7 million bpd last year. The discounts offered on Russian oil had narrowed then amid looming tariffs of the United States (US).
Indian refiners subsequently switched to West Asia, West Africa, and the US to secure oil, leading to a spike in Dubai prices, induced by increasing tenders. Dubai crude oil prices have risen $3.4 a barrel since August 18.
However, analysts say arrivals from Russia are likely to again pick up as Indian refiners have resumed tendering Russian oil purchases in the second half of August.
Dit verhaal komt uit de August 29, 2025-editie van Business Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business Standard
Business Standard
Once the hottest bet on Wall Street, private credit has started to crack
Private credit, an industry focused on lending to risky companies, has been one of the fastest-growing sectors on Wall Street, raking in trillions of dollars of investments and minting a slew of billionaires.
2 mins
February 06, 2026
Business Standard
₹ appreciates on modest inflow
The rupee edged higher on Thursday due to modest inflow on the back of Muthoot Finance fund raise, however, importer demand for dollar capped gains.
1 mins
February 06, 2026
Business Standard
The 'RJ' commandments
I vividly remember this incident. It was in the early 1990s, post liberalisation.
3 mins
February 06, 2026
Business Standard
Launch pipeline supports Sun Pharma's growth vitals
Margins hold despite US headwinds
2 mins
February 06, 2026
Business Standard
Proposed LLP Act tweaks could reshape AIF structures in India
Likely amendments may ease compliance, enable greater foreign inflows
2 mins
February 06, 2026
Business Standard
West Bengal widens ambit of social sector schemes ahead of polls
The West Bengal government on Thursday presented a vote-on account for ₹4.06 trillion marked by higher welfare outlays, increased allocations for its flagship Lakshmi Bhandar scheme, and a widening of beneficiary coverage, as the state heads toward elections in the coming months. Addressing a press conference after the Budget, Chief Minister Mamata Banerjee said, “We earlier had about 94 social welfare schemes. Today, we have scored a century by adding around five to six more.”
1 min
February 06, 2026
Business Standard
Sebi mulls easing stress-test rules for commodity derivatives clearing houses
The Securities and Exchange Board of India (Sebi) has proposed easing key stress-testing and settlement guarantee fund (SGF) norms for clearing corporations in the commodity derivatives segment, to align risk management with global standards and improve ease of doing business.
1 min
February 06, 2026
Business Standard
Growth woes seem priced in; analysts see upside in Trent
‘The fashion, beauty and lifestyle retailer from the Tata group, Trent's performance for the October-December quarter (Q3) of 2025-26 (FY26) saw growth rates dropping in terms of same store growth (SSG) and like-for-like (LFL).
3 mins
February 06, 2026
Business Standard
Deeptech startups can enjoy status for 20 yrs
Turnover limit increased to ₹300 crore
2 mins
February 06, 2026
Business Standard
PVR Inox profit surges over 2x
PVR Inox saw its net profit rises over twofold to ₹95.7 crore in the quarter ended December that the company attributed to merger synergies and cost control.
1 min
February 06, 2026
Listen
Translate
Change font size