refiners

<!-- -->In July the tax on platinum imports unchanged at 10.75 %.MUMBAI/NEW DELHI: The platinum imports in September jumped multifold to a record high as refiners imported a large amount of gold containing small amounts of platinum…

NEW DELHI: 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 future supplies in already tight markets, sources at state…

India’s average crude oil import price in the first week of August fell below $100 at $99.75 a barrel for the first time after it spiked sharply in the month of March ($112.87) after the Ukraine war, and peaked at $116.01 in June.The…

NEW DELHI: Domestic producers will be free to sell crude from their fields to government and private refineriesfrom October 1, ending the historical monopoly of state-run refiners over domestic crude. The decision taken by the Cabinet’s…

For India to become a fuel export powerhouse, and diversify its supply sources, New Delhi must stand up to western pressure, and let private refiners pump products overseas. S Dinakar reports. IMAGE: A well head and a drilling rig in a oil…

NEW DELHI: India’s fuel sales rose steeply in May as people set out on driving holidays in the hills to escape the searing heat of the plains and economic activities expanded at a trot. Petrol consumption rose nearly 56% and the sale of…

Photo: AFP/file NEW YORK: Only time will tell how much record US prices at the pump will dent driving demand this summer, but don't expect a significant increase in gasoline supply from American refineries.The reason: Several US…

NEW DELHI: Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month, multiple sources with knowledge of the matter said, as the world's third largest importer seeks more Russian crude despite…

Chinese refiners are set to cut crude throughput this month by about 6per cent, a scale last seen in the early days of the COVID-19 pandemic two years ago, to ease bulging inventories as recent COVID lockdowns undercut fuel consumption,…

At least two Indian refiners plan to buy less Saudi oil than usual in May, after the kingdom raised the official selling price (OSP) to record highs for Asia, two sources said on Wednesday, as India increases purchases of cheap Russian…