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ASIAN REFINERS
Rupee ends flat as merchant bids, oil blunt comfort from modest inflowsINDIA-MARKETS-Rupee ends flat as merchant bids, oil blunt comfort from modest inflows- Fitness in focus as Indian hockey teams gear up for World CupIndia's hockey teams are prioritiing strength and conditioning for the upcoming World Cup. Coaches are ensuring players reach peak physical...
- Asian refiners snap up US crude as Hormuz risks mount, trade sources sayAsian refiners have increased purchases of U.S. crude as escalating Middle East tensions and disruptions to shipping through the Strait of ...
- Global Market Today: Asian stocks rise after soft US CPI, Kospi ralliesAsian shares advanced as softer US inflation data eased rate hike concerns. The artificial intelligence trade gained renewed strength, boos...
- India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
- India's June vegetable oil imports fall 29% on shrinking palm oil discount: SEAIndia's vegetable oil imports dropped significantly in June, reaching the lowest point this oil year. This decline was primarily driven by ...
- Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
- BPCL buys 1 million barrels of US crude via tender, sources sayBharat Petroleum Corporation has purchased one million barrels of US West Texas Intermediate crude oil. This significant purchase was made ...
- Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
- Millions of barrels of Iranian oil left in limbo after US revokes 60-day waiverAround 63 million barrels of Iranian crude are stranded on tankers after the US revoked a sanctions waiver that had temporarily allowed Ira...
- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
- Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile HormuzSaudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbour...
- Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources sayIran is currently in discussions with Japanese companies regarding the potential resumption of oil sales, backed by a U.S. sanctions waiver...
- OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
- Investors looking for shelter from AI storm are turning to IndiaIndian equities are emerging as a stable investment choice amidst global market volatility, particularly as the AI rally cools. While previ...
- Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
- India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
- India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
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