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Mint


INDIA IMPORTS RECORD 1.7 M B/D OF RUSSIAN CRUDE IN NOVEMBER: S&P GLOBAL

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India imported 1.7 million barrels per day (b/d) of crude oil from Russia in
November with inbound shipments surging to a record high ahead of the European
Union's (EU) December 5 import ban and the G7 price cap, S&P Global Commodity
Insights said.

"Russia's seaborne crude exports were little changed in November at just over 3
million b/d after flows to India surged to a record high, absorbing barrels
displaced from Europe where imports sank to all-time lows ahead of the EU's Dec.
5 import ban and G7 price cap," according to tanker tracking data.

"While Russian crude flows to the EU slumped 308,000 b/d to average a record low
of 464,000 b/d in the month (November 2022), Indian refiners stepped up their
buying of Russian oil by 272,000 b/d to a record 1.17 million b/d," the report
said.

Seaborne exports of Russian crude averaged 3.07 million b/d in November,
according to S&P Global Commodities at Sea data, down from 3.09 million b/d in
October and just below the pre-war average of 3.1 million b/d in January and
February.

While Russian crude flows to the EU slumped 308,000 b/d to average a record low
of 464,000 b/d in the month, Indian refiners stepped up their buying of Russian
oil by 272,000 b/d to a record 1.17 million b/d.

With Russian crude flows to China little changed from recent levels at 918,000
b/d, together with India, the two energy-hungry Asian importers accounted for
68% of seaborne Russian crude exports in November, the data showed, up from 58%
in the previous month.

Turkey, now Russia's third-biggest crude buyer as local refiners switch to cheap
Russian crude, saw imports from Russia slip 35% on the month to 224,000 b/d, the
data showed. Before Russia's invasion of Ukraine, Turkey's five refineries were
importing around 130,000 b/d of Russian crude.

The data came days after the G7 set its price cap on Russian crude at $60/b and
the EU's own embargo on seaborne Russian crude came into effect early December
5. The price cap and EU embargo will extend to Russian product exports from
February 5.

The November data also showed Russian crude exports headed for South Korea
jumped to 144,000 b/d, the highest since May. South Korea, which imported
275,000 b/d of Russian crude in 2021, has backed Western oil sanctions on Russia
but its offshore waters are often used for ship-to-ship transfers of Russian
crude with onward transport to Southeast Asia.

Analysts at S&P Global estimate that some 2 million b/d of Russian crude and
products to Europe will ultimately need to find new buyers when the EU's full
oil sanctions on Moscow take effect February 5, 2023.

S&P Global estimates that about half of the 2 million b/d displaced from Europe
will likely find new buyers in Asia although uncertainty over the available
"shadow" tanker fleet able and willing to sidestep the G7's price cap measures
made forecasts difficult.

"Concurrent restrictions on G7 insurance and financing, a delayed rollout of the
price cap, and Russia's aversion to selling into Western policy constraints will
combine to create an initial shortage of ships and buyers required to re-route
roughly half of the 2 million b/d," S&P Global's chief geopolitical risk advisor
said in a note.

Overall, S&P Global analysts forecast that initial dislocations will lower
Russian crude and condensate output by 1 million b/d between November and March,
to 1.5 million b/d below pre-conflict levels.

Dailyhunt
Disclaimer: This story is auto-aggregated by a computer program and has not been
created or edited by Dailyhunt. Publisher: Mint

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ANI


HPV VACCINE TO PREVENT CERVICAL CANCER COULD BE MANUFACTURED IN INDIA BY
APRIL-MAY NEXT YEAR: CHIEF OF MEDICAL PANEL

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New Delhi [India], December 13 (ANI): The Human Papillomavirus (HPV) CERVAVAC
vaccine, for the prevention of cervical cancer, is expected to arrive in India
by April at the one-tenth of the cost of internationally branded vaccines in the
country, said Dr NK Arora , chairman of the Covid working group, National
Technical Advisory Group on Immunisation (NTAGI), on Tuesday.

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ANI


FTX FOUNDER SAMUEL BANKMAN-FRIED ARRESTED IN BAHAMAS AT US GOVT'S REQUEST

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New York [US], December 13 (ANI): Bahamas authorities arrested collapsed
cryptocurrency exchange FTX founder Samuel Bankman-Fried on Monday.

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ANI


AT LEAST 17 KILLED, SEVERAL INJURED IN ROAD ACCIDENT IN NEPAL

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Kathmandu , December 13 (ANI): At least 17 persons died and over 15 were injured
in a bus accident on Tuesday evening in Kavrepalanchowk district of Central
Nepal , the police said.

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BILKIS BANO PLEA AGAINST EARLY RELEASE OF 11 CONVICTS ADJOURNED AS JUDGE RECUSES

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A petition filed by Bilkis Bano challenging the early release of 11 men
sentenced to life for her gang-rape and murder of seven family members was
adjourned after one of the Supreme Court judges on the bench recused from
hearing the matter.

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Zee News


BRUTAL MARUTI SUZUKI SWIFT ACCIDENT CAUGHT ON CAMERA, VIDEO GOES VIRAL: WATCH

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Driving on Indian roads is difficult, and drivers can often be seen complaining
about the congestion and amount of vehicles plying on the roads.

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DELHI MAN RECEIVES MISSED CALLS AND THEN LOSES RS 50 LAKH: HERE'S ABOUT THE NEW
CYBERCRIME

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Never share your OTP with someone. This warning is always shared by cybercrime
officials to make people aware of cyber frauds which are carried out by asking
for a one-time-password (OTP) via call/sms/email.

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Oneindia


PRINCE NARULA TROLLED FOR DANCING WITH YOUTUBER ARMAAN MALIK'S PREGNANT WIVES;
FANS SAY 'MAINTAIN SOME CLASS'

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Reality TV star Prince Narula, who became a household name after winning Colors
TV's Bigg Boss 9, is trying his hands at creating music as well besides acting.

Read more

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Zee News


WHAT IF SOMEONE SLEEPS WHILE HAVING SEX? NO MEDICINE TO CURE THIS RARE DISEASE-
CHECK SYMPTOMS AND CAUSES

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What if someone sleeps while having sex? Yes, a man in America is suffering from
such a rare disease. Recently, a woman exposed her husband's disease.

Read more

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India.com


RAJPAL YADAV ACCIDENTALLY HITS A STUDENT WHILE SHOOTING IN PRAYAGRAJ, COMPLAINT
FILED

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Rajpal Yadav accidentally hits student: A complaint has been filed against actor
Rajpal Yadav and others at the Colonelganj police station of the Prayagraj area
in Uttar Pradesh after the actor accidentally hit a student during the shooting
of a film.

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HYDERABAD: STUDENT TRIES TO SELL HER KIDNEY TO PAY DEBT, LOSES RS 16 LAKH

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Vijayawada: A nursing student in Hyderabad has alleged that she lost Rs 16 lakh
to cyber criminals while she tried to sell her kidney to repay Rs 2 lakh that
she had withdrawn from her father's bank account.

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FIFA FEVER IN BENGALURU; RESTAURANTS IN THE CITY TO REMAIN OPEN TILL 3:30 AM ON
SEMI-FINAL DAYS

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Bengaluru: As the city's football fever peaks with the Qatar World Cup entering
its last leg, the Bengaluru city police allowed restaurants and eateries in the
city to function till 3:30 am on Wednesday and Thursday when the semi-finals
take place.

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The News Minute


AERO INDIA 2023 IN BENGALURU: CHECK TICKET PRICES

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Tickets for the 2023 edition of Aero India, a biennial air show and aviation
exhibition held in Bengaluru, will cost almost the same as the previous one in
2021. Business passes for the first three days of the event will cost Rs 5,000
for Indian nationals and $150 for foreign nationals, while the public passes for
the last two days will cost Rs 2,500 for Indians and $50 for foreign nationals,
The Hindu reported.

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Zee News


PUNE BANDH: 37 AUTORICKSHAW DRIVERS BOOKED OVER PROTEST BY UNIONS AGAINST 'BIKE
TAXIS'

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Pune: The Pune police have registered a case against 37 autorickshaw drivers for
the protest staged by unions against 'bike taxis' operating in the city, an
official said on Tuesday.

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News18


KARNATAKA: 20-YEAR-OLD MAN KILLS FATHER, CHOPS BODY INTO 30 PIECES, DUMPS THEM
IN BOREWELL; ARRESTED

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A 20-year-old man allegedly killed his father, chopped off his body parts into
30 pieces, and dumped them in an uncovered borewell in Bagalkot district,
Karnataka Police said on Tuesday.

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WOMAN WHO FILED SEXUAL EXPLOITATION CASE AGAINST JHARKHAND IG SHOT THREE TIMES
JUST BEFORE HEARING

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Ranchi: Criminals opened fire at 9.30 a.m. on Tuesday at a tribal woman who had
lodged a case of sexual exploitation against Jharkhand IG P.S. Natarajan in
2005. The attack took place at Sahajanand Chowk in Harmu, a congested busy area
of Ranchi.

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Oneindia


WHO IS 'PAPPU' NOW: MAHUA MOITRA'S JIBE AT CENTRE OVER ECONOMY

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Referring to the latest data released by the National Statistical Office (NSO),
Moitra claimed that while the country's industrial output shrunk by four per
cent in October to a 26-month low, the manufacturing sector, which is "still the
biggest generator of jobs", contracted by 5.6 per cent.

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