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While recent headline numbers for crude imports pointed to robust oil demand, much of that supply has been stockpiled rather than turned into gasoline and diesel, according to analysts.
Four-week average shipments dropped below 3 million barrels a day.
US President Joe Biden and Indian Prime Minister Narendra Modi announced defense and commercial deals to improve military and economic ties between their nations. General Electric Co. plans to jointly manufacture F414 engines with Hindustan Aeronautics Ltd. for the Tejas light-combat aircraft.
UNITED STATES President Joe Biden and Indian Prime Minister Narendra Modi announced a series of defense and commercial deals designed to improve military and economic ties between their nations during Thursday’s state visit at the White House. General Electric Co. plans to jointly manufacture F414 engines with state-owned Indian firm…
President Joe Biden and Indian Prime Minister Narendra Modi will announce a series of defense and commercial deals designed to improve military and ec...