Indian refiners buy more U.S. crude as Russia sanctions tighten

India is the world’s third largest oil importer and consumer. (representative) Houston: Ship tracking data shows more than 250,000 barrels per day (bpd) of U.S. crude will arrive in India next month, the highest level in more than a year, amid tighter sanctions on Russian crude. India, the world’s third-largest oil importer and consumer, is … Read more

ONGC’s third-quarter profit falls 14% to Rs 9,536 crore as crude oil prices fall

Published by: Muhammad Haris Last updated: February 11, 2024 14:18 UTC State-owned Oil and Natural Gas Corporation (ONGC) on Sunday reported a 14% drop in net profit for the third quarter ended December 31 due to lower oil and gas prices. The company said in a statement that standalone net profit for October-December 2023 (third … Read more