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INDIAN OIL REFINER RESPONSE
MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
- ISRO-NASA's NISAR satellite reveals the ground shifted by 60 cm during Venezuela's earthquake: Here's what scientists discoveredNew observations from the NASA-ISRO NISAR satellite show that Venezuela's June earthquakes caused the ground to shift by up to 60 centimetr...
- India loses Russia oil discount as Red Sea, Hormuz risks upend crude marketsRussia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alter...
- Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...
- Cutting off Red Sea oil route may be one crisis too manyThe Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routesOil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
- India's edible oil imports to surge July-October as supplies shrink before festivalsIndia's edible oil imports will increase from July to October. This rise is due to slower domestic soybean and rapeseed crushing operations...
- Indian refiners halt Iraq oil loadings on rising Hormuz riskDue to heightened security worries, Indian refiners have paused crude oil loadings from Iraq, with major players like Indian Oil Corp. and ...
- Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
- Russian envoy summoned over killing of four Indians"Today, the Russian Charge d'Affaires, Mr Vladimir Ladanov, was summoned to the Ministry of External Affairs. The Ministry conveyed India's...
- Indian refiners come to the rescue of Russia’s oil exportersIndia has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...
- Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...
- Petrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check herePetrol, Diesel Prices Today: Indian fuel prices remained unchanged on Monday, July 21, despite global crude oil falling below ninety dollar...
- RIL sees better global refining margins despite oilfield attacksReliance Industries anticipates stronger global refining margins in upcoming quarters. Structural capacity losses in Russia and the Middle ...
- India’s edible oil industry flags 17-fold surge in Nepal imports, seeks policy reviewIn a pressing appeal, the Indian Vegetable Oil Producers' Association urges a swift revision of India's edible oil import regulations. Rece...
- Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
- A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunchIndian refiners expect stable oil supplies despite renewed West Asia conflict. They believe US President Trump will open alternative routes...
- Russian firms seeking more gasoline from IndiaRussian energy companies are seeking more gasoline from Indian refiners. This request follows Ukrainian strikes which damaged Russia's refi...
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