Topic
indian refiners
Commodities Indian Refiners Book Crude for 45 Days as Flush Market Favors Buyers
Indian refiners have stocked up on crude oil for the next 45 days, with Russia remaining the top supplier and replacement barrels coming from the US, Venezuela, Africa, and Oman. The market is favoring buyers due to de-escalation in West Asia and increased Middle Eastern cargoes, as noted by Kpler and industry sources.
Commodities Indian refiners in no hurry to return to West Asian oil as Hormuz reopens despite ceasefire
Indian state-run refiners have enough crude for two months and are in no rush to resume West Asian purchases despite the Strait of Hormuz reopening after a US-Iran interim peace deal. They are weighing cheaper Russian crude and higher freight costs, with long-term supply commitments yet to be confirmed.
Commodities Indian Refiners Adapt to New Crude Mix Amid Hormuz Crisis
Indian refiners are modifying their operations to handle a wider range of crude oil grades due to disruptions in the Strait of Hormuz. This adjustment aims to optimize fuel production amid geopolitical tensions.