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ASIAN REFINERS
Aramco Trading sells 10 million bbls Khafji crude to Asian refiners, sources sayAramco Trading concluded a tender for 10 million barrels of Khafji crude, attracting interest from Asian refiners. South Korea's GS Caltex ...- Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028Copper prices could surge further as historically low inventories, US stockpiling and constrained mine supply intensify competition for spo...
- India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
- India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
- Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
- Saudi opens oil taps for Asia as India, China hunt crude amid Iran war, Hormuz crisisSaudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply conce...
- Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burdenLanded sulphur prices in India have doubled since January to around $1,050-1,100 a tonne, according to industry estimates.
- Global Market Today: Asian stocks waver on inflation, rate concernsGovernment bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand a...
- Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
- Global Market: Diesel prices surge to record highs as wars squeeze global fuel suppliesGlobal diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability a...
- Oil’s sea lanes get tougher to navigate; India must press Iran to ease Hormuz blockadeSea lane disruptions in the Red Sea and Persian Gulf impact India's oil imports significantly. India faces challenges securing oil from Wes...
- Rupee ends marginally higher in subdued trade, forward premiums easeAsian currencies were mostly range-bound, while regional equities advanced after oil prices fell 2%, as investors hoped for diplomatic prog...
- 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...
- Oil Price Today (September 18): Crude oil falls below $104, down for third session. What are experts saying?Crude Oil Price Today : Markets largely looked past the latest threats to supply, even as Saudi Arabia and Yemen's Iran-backed Houthis exch...
- Oil prices fall 1% on hopes of limited supply disruptionsOil prices slipped around one percent, marking their third consecutive session of losses. The potential for alternate oil routes from the M...
- 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...
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