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BASRAH HEAVY CRUDE
Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers from various nations are successfully passing through the Strait of Hormuz. These vessels are carrying vital oil and gas suppli...- Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...
- Iraqi crude tanker passes through Strait of Hormuz after Iran transit exemptionRecent maritime activity has unveiled the presence of the oil tanker Ocean Thunder, navigated through the Strait of Hormuz while transporti...
- US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...
- Indian refiners shift oil strategy; trim Russian buys and turn to Middle EastIndian refiners are shifting away from Russian oil. They are increasing imports from the Middle East. This move could help India secure a t...
- Many Indian refiners pause new Russian oil orders, await clarityIndian refiners have temporarily stopped purchasing Russian crude following the latest sanctions and are awaiting further clarity, accordin...
- Saudi Aramco, Iraq company SOMO halt oil sales to Nayara EnergySaudi Aramco and Iraq's SOMO have suspended crude sales to India's Nayara Energy following EU sanctions on the Russian-backed refiner. This...
- Russian sanctions shift oil price-making power to Asia from EuropeAnalysts and government officials from consumer countries use the term Asian premium to refer to the higher prices Asian importers have pai...
- Russian oil seeps into global market to ease supply fears for nowIndia’s oil refiners grabbed multiple cargoes of Russia’s flagship Urals crude this month, potentially supplanting the Middle Eastern varie...
- Iran to double down on investment in oil's growth engine IndiaSurging oil demand in India is prompting almost all big global players to devise new plans for the country.
- Crude under the hammer: How sellers are hoping to boost value of their oilIraq’s state oil marketing company, known as SOMO, conducted its first-ever auction in April.
- Global oil glut likely to help India save Rs 1.5 lakh croreIt would be enough to cover the Centre's school education, health, women and child development budgets and pay for the rural jobs scheme.
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