refiners

NEW DELHI: Indian refiners have begun paying for some oil importsfrom Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find alternatives to the dollar for…

SINGAPORE : Asian refiners expect Saudi Arabia to lower prices for its crude supply to the region in August, a Reuters survey showed, even as the top oil exporter pledged to deepen production cuts in July as part of a broader OPEC+…

China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand.In an…

<!-- -->For April, Reliance and Nayara Energy have snapped up at least five ESPO crude cargoes. (File)Singapore: Private Indian refiners are jostling with independents in China for Russian ESPO crude loading in April, pushing prices…

Last Updated: February 04, 2023, 15:43 ISTPrevious attempts by Indian refiners to pay traders for Russian crude in dirhams through Dubai banks failed, forcing them to switch back to the U.S. currency. (Photo: Reuters)Indian refiners and…

New Delhi, November 17 Indian refiners are wary of buying Russia crude oil loading after December 5 when European Union sanctions take effect, pending clarity on the proposed G7 price cap…

Indian refiners are wary of buying Russia crude oil loading after Dec. 5 when European Union sanctions take effect, pending clarity on the proposed G7 price cap mechanism, according to sources familiar with the refiners' crude purchase…

JAIPUR: India said it will speed up its diversification of oil imports to hedge against any surprise output cuts by the Organization of the Petroleum Exporting Countries and its allies. "This will hurt large importers like India, who spent…

<!-- -->India pushes oil refiners to diversify after surprise OPEC+ cutsJAIPUR RAJASTHAN: India said it will speed up its diversification of oil imports to hedge against any surprise output cuts by the Organization of the Petroleum…

New Delhi, October 4 Indian state refiners plan to lock-in more of their crude supplies in term deals, worried that tighter Western sanctions on Russia, including from the EU, could curb…