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HEAVY CRUDE OIL REFINING
Oil Price Today (October 20): Crude oil nears $110 again as fresh attacks outweigh easing Russian sanctions. What are experts saying?Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delive...
India's Russian crude binge to continue after Trump waives new sanctions lawWith a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed Chi...
- Oil Price Today (October 19): Crude oil dips 2% to $108 after hitting its highest levels since May. Here’s why
Brent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texa...
Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crudeIn September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent...
International Oil prices to jump 'super spike', claims energy research analyst, predicts global oil ratesInternational Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had n...
Oil prices may ease to $80 per barrel in 2027 as Middle East supply recovers: Goldman SachsGoldman Sachs expects Brent crude prices to ease to $80 per barrel in 2027 as Middle Eastern supplies recover and the global oil market mov...
Brent crude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infraBrent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened g...
US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
India's edible oil imports dip 7 pc to 15.44 lakh ton in Sep: SEAIndia's edible oil imports fell by 7 percent in September, totaling 15.44 lakh tonnes. The decline was attributed to a sharp decrease in cr...
Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: ReportEdible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edibl...
Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
Reliance could earn up to Rs 12,600 crore EBITDA from cheap Venezuelan crude. What investors should knowReliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar comp...
Devil's in the diesel, get E-truckin'To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. N...
RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...