Mangalore Refinery Buys 1 Million Barrels Of Russian Urals Crude For May Loading: Report
Mangalore Refinery and Petrochemicals Limited has bought one million barrels of Russian Urals crude for May loading via a tender
Source: ndtv.com
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India's ONGC sells Russia's Sokol oil to BPCL, HPCL: Report
India, the world's third-biggest oil consumer and importer, has not banned Russian oil imports.
Source: businesstoday.in
India's crude imports hit 10-month peak as refiners bank on strong demand
Crude oil imports last month rose 7.5% versus October and were also 0.5% higher than a year ago at 18.37 million tonnes
Source: livemint.com
oil imports: India to cut Saudi Arabian oil imports and buy more from US
Synopsis Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said. Getty Images IOC has floated a spot tender seeking crude from West Africa, the Middle East, the U.S. and Canada for April-May loading. India’s state refiners are considering purchasing fewer barrels from Saudi Arabia in May after the OPEC ignored New Delhi’s call for higher supplies to calm international crude oil prices. They have yet to take a final call as the move risks a Saudi retaliation and souring of decades-old ties be...
Source: indiatimes.com