Sunday 4 December 2016
 
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refiners

India may halt diesel imports, deal with private refiners

India's state refiners may halt diesel imports after working out a temporary mechanism to resume buying the fuel from private processors if global diesel prices remain at current levels, two refinery sources said.  

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India's March Iran oil imports top 500,000 bpd

India's Iran oil imports topped 500,000 barrels per day (bpd) in March, highest in at least five years, as private refiner Reliance Industries resumed purchases after a multi-year lay-off, preliminary tanker data obtained by Reuters shows.

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Indian state refiners join forces in bid for better Opec deals

Indian state refiners are jointly negotiating oil purchase deals with Opec producers for the first time, as the world's third biggest consumer seizes on low prices to wrest better terms in a market awash with crude.  

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India refiners team up for better Opec deals

Indian state refiners are jointly negotiating oil purchase deals with Opec producers for the first time, as the world's third biggest consumer seizes on low prices to wrest better terms in a market awash with crude. In a sign

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India refiners team up for better Opec deals

Indian state refiners are jointly negotiating oil purchase deals with Opec producers for the first time, as the world's third biggest consumer seizes on low prices to wrest better terms in a market awash with crude. In a sign

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Saudi targets Russia in battle for European oil market

From global majors such as Shell and Total to more modest Polish energy firms, oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi Arabian grades as the world's top exporters fight for market share

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Saudi targets Russia in battle for European oil market

From global majors such as Shell and Total to more modest Polish energy firms, oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi Arabian grades as the world's top exporters fight for market share

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Asia assesses new Iraqi Basra Heavy crude before June launch

Refiners in Asia are assessing the new Iraqi Basra Heavy crude after Iraq released the grade's assay to kick off marketing a month before the oil's launch, trade sources said.   The assay was made availab

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EU refiners buy Emirati oil to cover shortage

Two cargoes of Emirati crude oil are heading to Europe in a rare arbitrage move as European refiners try to find cheap alternative sour oil after tight supplies pushed up prices on key grade Russian Urals, shipping and trading sources said.

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Iran offers insurance to India, refiners snub plan

Iran has offered insurance to Indian refiners in a bid to boost its crude sales, industry sources said, though some oil executives warned the plan would not remove the threat of Western sanctions.

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