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LIGHT AND MIDDLE DISTILLATES
Asia's refined fuel imports hit post-war low, can the Middle East help?Asia’s refined-fuel imports fell to their lowest level since the Iran conflict began, with August shipments of light and middle distillates...- Pernod Ricard weighs options for India IPO, kicks off legal processPernod Ricard has confirmed that its board is evaluating a potential IPO of its Indian operations and has begun legal preparations to keep ...
- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- 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...
- Saudi Arabia begins regaining share in India's crude importsSaudi Arabia is expected to supply 464,000 barrels per day (bpd) to India in July, based on arrivals in the first half of the month and tan...
- Reliance Industries to evaluate impact of EU sanctions on Russian oil tradeIndia's crude imports from Russia were valued at $50.3 billion in FY25, accounting for more than a third of the country's total crude bill ...
- Russian crude oil export duty to increase to $43.3/T in Dec -finance ministryHere are export duties in U.S. dollars per tonne: December November RICs Average price for calculation 71.10 70.20 (barrel) Average price (...
- Saudi Arabia may raise Asia crude prices in January - surveySix sources at Asian refiners expect the January OSP for Saudi flagship crude grade Arab Light to rise by 65 cents a barrel on average, wit...
- Brent crude may fall towards $60 level if Iran-US tensions easeIranian oil exports remain at historic lows as Tehran is shunned by global refiners.
- HPCL Q4 profit jumps 70% YoY to Rs 2,970 crore as margins improveEbitda of the company jumped 76.76 per cent to Rs 5,166.3 against Rs 2,922.7 crore.
- RIL plunges on Morgan Stanley downgrade, loses Rs 28,081 crore in m-capShares of RIL have been in the negative territory since last Monday, May 6.
- Essar Oil to convert over $1 billion worth of rupee loan into dollar debt'Being a fully dollar-driven company, it makes immense sense for us to de-risk our business from currency fluctuations by converting our lo...
- Essar Oil shares rise as co FY15 first quarter net profit Rs 684 cr vs loss a year agoThe company’s current price gross refining margin in the June quarter was $9.04 / barrel as against $7.01/barrel reported a year ago.
- We are trying to replace the rupee borrowings with ECBs: LK Gupta, Essar OilIn an interview with ET Now, LK Gupta, MD and CEO, Essar Oil Ltd talks about the company's ECB plans, profitability and growth prospects.
- Essar Oil quadruples processing of ultra heavy crude oilsEssar Oil has quadrupled processing of cheaper ultra heavy crude oils at its Vadinar refinery, following unit's expansion, to earn margins.
- Oil firms hedge against fuel price fluctuationOil companies hedge by selling forward products such as diesel and jet fuel on the over-the-counter market dominated by investment banks, o...
- Widening crack spread to shore up refiners' marginsState-owned crude oil refiners are expecting to improve their gross refining margins in the March quarter as the price spreads of jet fuel ...
- RIL profit rises 30%, misses Street estimatesReliance Industries suffered from the twin effects of sluggish global industrial activity and low demand for some of its key products. Top ...
- Oil falls in Asian tradeOil prices eased in Asian trade as traders took note of high distillate inventories, which indicated that a global economic recovery was st...
- Oil higher in Asia as US energy inventories declineOil traded higher in Asia Thursday on news US energy stockpiles fell sharply last week and tensions rose in the Middle East after Turkish w...
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