Sign Up
Stories
Russian Oil Price for India Eased, Russia Extends Voluntary Export Cut, Fire at Russian Refinery, and Ghost Fleet
Share
Russian Oil Price for India Eased, Russi...
China's Tech Aid to Russia
India's Record Russian Oil Purchases
India's Rising Russian Oil Imports
Overview
API
Russian oil price for India eased in September as Indian refiners reduced purchases due to high prices and maintenance outages. Russia agreed to extend its voluntary cut of oil and oil product exports until the end of 2023 to maintain stability in the oil market. A fire at the Afipsky oil refinery in Russia's Krasnodar region, near the major port of Novorossiisk, has been extinguished. The enforcement of the price cap on shippers transporting Russian oil by the US may lead to more oil onto vessels referred to as the ghost fleet and away from mainstream tankers.
Ask a question
How will the reduction in Russian oil price for India affect the Indian refining industry?
What are the potential economic implications of Russia extending its voluntary export cut?
What measures can be taken to prevent the use of ghost fleet and older vessels in the oil industry?
Article Frequency
0.2
0.4
0.6
0.8
1.0
May 2023
Jul 2023
Sep 2023
Nov 2023
Coverage
www.e