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ESPO GRADE CRUDE
China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...- 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...
- 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...
- China's Russian oil imports to hit new record in February as India cuts backChina's Russian oil imports are set to reach a new record high in February, surpassing January's figures. Independent refiners are increasi...
- EU lists two Chinese refineries, trader Chinaoil in 19th package of Russia sanctionsThe European Union has imposed sanctions on two major Chinese oil refineries and a PetroChina trading unit. These companies are being targe...
- India's Russian oil imports hit 10-month high on strong demand for ESPO crudeIndia's Russian crude oil imports are set to reach a 10-month high in May, nearing 1.8 million barrels per day, driven by increased demand ...
- China state firms curb Russian oil imports on sanctions risks, sources sayChinese state oil companies are reducing or halting purchases of Russian oil to comply with recent U.S. sanctions on Moscow. While Sinopec ...
- India's import of Russian oil drops in November on shrinking discountsIndia's November imports of Russian crude oil plummeted to their lowest point since June 2022, despite Russia remaining India's primary sup...
- Indian refiners opt for cheaper Urals crude as Russian grades get expensiveIn October, Indian refiners increased their demand for cheaper Urals crude from Russia while reducing imports of more expensive Russian gra...
- India, China's crude oil imports from Russia in May breach all-time highs, shows shiptracking dataThe jump in Russian supplies comes ahead of a meeting between the Organization of the Petroleum Exporting Countries and their allies includ...
- India Oil Imports: Saudi gain is Moscow's lossRussia supplied a record 1.64 million barrels per day (mbd) of crude to Indian refiners in March, higher than 1.58 mbd in February, Vortexa...
- India jostles with China for April ESPO crude from Russia, prices jumpCompetition from India has narrowed discounts for April-loading ESPO shipments to about $6.80 a barrel against June ICE Brent DES basis to ...
- Russia's oil export ban may bolster India crude importsThe West, which insists on a strict price cap on supplies from Moscow, has already imposed a ban on the bulk of Russian crude exports. Some...
- Why finding a real Russian oil price cap is proving so hard for the policymakers from EuropeTalks have so far focused on levels from $62 to $70 a barrel. Those who want the oil to keep flowing want a high cap, while those prepared ...
- India set to skip buying Russia's ESPO crude in Sept as freight costs jump"On net back basis after factoring in the freight, the landed cost of ESPO is turning out to be $5-$7 a barrel costlier in comparison to si...
- India is new major player in Russian oil market once dominated by ChinaIndia has emerged as a key buyer of Russian energy in the wake of the invasion, scooping up millions of barrels of discounted crude shunned...
- India eases Russian oil buying in July, boosts Saudi imports: SourcesIndia shipped in 877,400 barrels per day (bpd) oil from Russia in July, a decline of about 7.3% from June, with Moscow continuing as its se...
- China is facing competition for its favorite Russian oil from IndiaCargoes of ESPO can be shipped to China in around five days, and the nation’s refiners have been eagerly snapping up the cheap Russian barr...
- China quietly increases purchases of low-priced Russian oilThe move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies, for fear of appearing to openly...
- Indian refiners get rare oil cheap as Coronavirus chokes demand in ChinaBPCL will receive a million barrels each of Brazil's Sapinhoa and Mediterranean CPC blend in April.
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