China state oil majors suspend Russian oil buys due to sanctions, sources sayIn a significant shift, leading oil corporations in China have ceased their maritime purchases of Russian crude, responding to recent US sa...
Latest US sanctions on Russia throw global oil trade into disarray, India scramblesTightened U.S. sanctions on Russian oil have disrupted trade with China and India, increasing demand for Middle Eastern and African crudes,...
Indian refiners shift crude strategy amid fears of Russian oil supply shocksIndian and Chinese refiners are increasing purchases of crude from the Middle East and the Atlantic Basin due to reduced availability and h...
Reliance buys its first Canadian crude from Trans Mountain pipeline, sources sayReliance joins a growing group of Asian refiners in buying Canadian crude to be exported from the new pipeline which is scheduled to start ...
Oil falls on fuel demand woes ahead of U.S. Fed commentsThe U.S. Fed will release the minutes of its latest meeting on Wednesday, which will give traders a glimpse of how high officials are proje...
Oil steadies as investors await U.S. Fed Reserve commentsExpectations of tighter global supplies and rising demand from China have recently lent support to oil prices. Analysts expect China's oil ...
Russia has no extra oil to sign deals with two Indian buyers: SourcesIndian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Mo...
Sinopec plans to spend $4.6 billion on hydrogen energy by 2025Asia's biggest oil refiner said on Monday it plans to become China's largest company to produce hydrogen for use as a transportation fuel, ...
Middle East Crude-Benchmarks rise; NWS condensate strengthensWoodside and BHP sold their December-loading cargoes to BP at narrow discounts of smaller than $1 to dated Brent, traders said, as robust n...
Indian state refiners halt oil imports from Chinese cos: SourcesLast week, Indian state refiners decided to stop sending crude import tenders to Chinese trading firm like CNOOC Ltd , Unipec and PetroChin...
India eyes US oil that China's offering amid tariffsBharat Petroleum Corp. bought one or two cargoes of U.S. crude that were recently diverted from its original destination of China
India grabs US crude that was originally set to arrive in ChinaIndian refiners have increased their purchases of American oil this year as supplies from Iran and Venezuela were hit by White House sancti...
US-China trade war could give India Iran boostThe trade war gives India the opening to keep some Iranian oil flowing even after curbs take effect on Nov 4.
IOC doubles crude oil buy from Nigeria on term contract"Nigeria has now agreed to increase the term contract from 1.7 million tons per annum to 3 million tons in 2016," Oil Minister Dharmendra P...
BPCL, China's Unipec in 1st naphtha term deal: TradersUnipec will lift a 35,000-tonne cargo each month from Kochi port from July to October, or a total of 140,000 tonnes during the four-month p...
- India, China seeking to take advantage from Iran: Congressional Research Service
Iran's two major oil buyer - India and China - now appear to be seeking to take advantage of the international sanctions, CRS report said.
- Saigon Petro buys 77KT distillates at higher prices
Vietnam's Saigon Petro Co Ltd has bought the full tender volume of 77,000 tonnes of distillates for February and March, and will seek more ...