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INDIAN REFINERS NOVEMBER CARGOES
World running short of supertankers threatens long-haul oil flowA shortage of supertankers, driven by the US-Iran conflict and a South Korean tycoon's big shipping bet, has pushed freight costs to record...
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
In 1872, a ship named Mary Celeste was found sailing without its crew. 154 years later, the mystery of what happened to the sailors remains unsolved despite several searchesIn 1872, a ship named Mary Celeste was found sailing without its crew. 154 years later, the mystery of what happened to the sailors remains...
Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing rising crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US rest...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
Asia cuts LNG buying, but $26 gas sends Europe shoppingAsia's liquefied natural gas imports are experiencing an eight-year low this September. High spot prices are causing buyers in China and So...
Oil Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s whyCrude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...
Oil prices extend losses as fears of Middle East supply disruptions easeOil prices fell further on Thursday, building on losses from the day before, largely influenced by Saudi Arabia's promise of more crude. Re...
Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
Oil tankers earn $1 million a day as war leaves ship shortageThe supersized earnings also partly reflect oil-refining margins that have spiraled out of control because wars in Iran and Ukraine mean wo...
China’s new oil refining technology could cut energy use by 91% — here’s how scientists are turning crude oil into valuable products more efficientlyChinese scientists have developed a new molecular refining method. This technique may significantly reduce energy consumption in oil proces...
When it comes to crude oil prices, it's all about location, location, locationCrude oil prices show a significant divergence as conflict escalates in the Middle East. Barrels facing transit risks are heavily discounte...
Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
Oil shipments to India face delivery hurdles on Mideast snarlsIndian refiners face disrupted oil shipments from the Middle East. Bharat Petroleum and Indian Oil experienced delayed crude oil deliveries...