Russian Oil News

One lie of Pakistan's PM Shehbaz Sharif has again insulted Pakistan. See how Putin exposed the lies of Shahbaz Sharif.

According to Pakistani media, tankers have reached Pakistan and Russia has helped Pakistan, now the question is arising whether Putin is cheating with India?

"It is our fundamental obligation to ensure that the Indian consumer has the best possible access," S Jaishankar said after a meeting with his Russian counterpart Sergei Lavrov.

Angered by the ongoing war between Russia and Ukraine, many countries of Europe banned the purchase of oil from Russia. After which Russia increased the supply to other countries, including India.

Pakistan is in talks with Russia on the possibility of importing oil on deferred payment Shehbaz Sharif had three meetings with Russian President Vladimir Putin on the sidelines of the SCO summit Moscow has shown an inclination to consider the proposal

Liz Truss, as British Foreign Secretary, visited India in March this year and attended the India-UK Strategic Futures Forum with India's External Affairs Minister S Jaishankar.

Canada imposing new sanctions on Russsian oil, gas and chemical industries Canada has imposed sanctions on more than 1,070 individuals and entities The banning of services is targeting an industry that accounts for about 50 per cent of revenues

China's support for Russia through oil and gas purchases is irking Washington and raising the risk of US retaliation Foreign observers, however, see no sign Beijing is helping Moscow evade sanctions over its war on Ukraine Beijing's importance as a lifeline to Putin rose after the 27-nation EU agreed to stop oil purchases from Russia

Brent futures rose $1.43, or 1.3%, to $112.31 per barrel by 1:24 p.m. WTI was on track to gain about 6% and Brent set to rise nearly 4% this week. Demand concerns on signs of a weakening global economy capped the price rise.

Russia has stopped supplying gas to Poland under the Yamal deal Bulgaria, like Poland, a NATO and EU member, said previously that Russia will also cease gas supplies to it Foreign nations that Russia considers hostile have been instructed by Russian President to pay for its gas importation in roubles

US President Joe Biden and Indian Prime Minister Narendra Modi held virtual talks on Monday focused mainly on Ukraine.

Russia has also offered rupee-ruble-denominated payments using Russia’s messaging system SPFS This could make trading more attractive for India, mentioned a Bloomberg report US and UK have said that every country has its rights to maintain its own equation with Russia

Russia in January pumped a record amount of crude oil, the Russian energy ministry said Tuesday, as Moscow pushes for oil-producing states to coordinate production.

Russian oil giant Rosneft on Monday said its net profit fell by 22 percent in the second quarter from a year earlier, a stronger result than expected as the weak ruble partly offset falling oil prices.

In one of the biggest oil deals, Essar Group Thursday signed a USD 10 billion contract to import crude oil from Russia over a 10-year period.