Oil
Top Refiner Indian Oil Seeks Americas Supply on Russia Curbs
Indian Oil Corp. is seeking as much as 24 million barrels of crude from the Americas in the first quarter of next year as it prepares for a hit to Russian supply after the latest round of US sanctions.
Oil Steady After Three-Day Drop With Focus on Russia, Stockpiles
Oil held a three-day drop as investors assessed the impact of Western sanctions against leading Russian crude producers, alongside a mixed industry estimate of US inventory changes.
India State Refiners Mull Russia Oil Options After Sanctions
India’s state-run refiners are considering whether they can continue to take some discounted Russian oil cargoes by leaning on small suppliers instead of energy giants Rosneft PJSC and Lukoil PJSC, both blacklisted by the US last week.
