April 2, 2026

cargoes

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Record cargoes: Russia’s crude exports climb to 16-month highs; refineries scale back due to Ukraine attacks

contact@dailyupdatesindia.com02 mins

JPMorgan Chase & Co. estimates indicate that Russian refining operations have declined to under 5 million barrels daily. (AI image) Russia’s crude oil exports have climbed to a 16-month high at a time when its own refineries are reeling under drone attacks from Ukraine. Vessel-tracking data compiled by Bloomberg shows that the four-week average exports…

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Sanctions bite: Nayara Energy struggles with non-Russian crude for 2nd consecutive month; western shippers refuse cargoes

contact@dailyupdatesindia.com03 mins

Nayara Energy, India’s second-largest private oil refiner, is facing a second consecutive month of difficulty in securing non-Russian crude supplies as western shipping companies continue to refuse transportation of cargoes, according to ship tracking data cited by news agency PTI.Part-owned by Russia’s Rosneft PJSC, which holds a 49.13 per cent stake, Nayara has reduced operations…

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