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21.02.26 - 03:15
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India Boosts Saudi Oil Imports, Slows Russian Buying, Amid US Pressure (ZeroHedge)
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India Boosts Saudi Oil Imports, Slows Russian Buying, Amid US Pressure
Via The Cradle
Saudi crude shipments to India are set to reach their highest level since 2020 this month, narrowing the gap with Russian supplies as New Delhi faces ongoing US pressure to reduce its purchases of Russian oil, according to data from Kpler cited by Bloomberg on Friday.
Flows from Saudi Arabia are projected at between 1 million and 1.1 million barrels per day (bpd), Kpler lead research analyst Sumit Ritolia said, describing the volumes as the strongest since November 2019, bringing Saudi exports broadly in line with Russian deliveries.
Saudi Aramco
Kpler estimates Russian crude shipments to India at around 1.2 million bpd this month, which would keep Moscow as India's largest supplier, though at levels well below the more than 2 million bpd seen at peak periods over the past three years.
For March, Kpler forecasts Russian flows easing further to between 800,000 and 1 million bpd, noting that such a drop co...
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21.02.26 - 01:57
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Solange kein Öl fließt: Ungarn will Ukraine-Darlehen der EU blockieren (N-TV)
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Die Ukraine braucht dringend Geld - und sollte es eigentlich demnächst von der EU bekommen. Das Parlament hatte letzte Woche grünes Licht gegeben. Doch nun stellt sich Ungarn quer und knüpft seine Zustimmung an neue Bedingungen... --- "Wir blockieren das 90-Milliarden-Euro-Darlehen der EU für die Ukraine, bis der Öltransit nach Ungarn über die Druschba-Pipeline wieder aufgenommen wird", schrieb der ungarische Außenminister Peter Szijjarto auf X..
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20.02.26 - 22:36
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US envoy Sergio Gor: India committed to not buying Russian oil (Times of India)
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US Ambassador Sergio Gor stated India committed to not buying Russian oil as President Trump seeks to end the Russia-Ukraine war. Gor also revealed active negotiations for India to procure Venezuelan oil, with an interim trade deal imminent. India's foreign ministry emphasized its energy policy is driven by national interest....
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