China Hikes Russian Crude Imports as India Retreats
A jump in China’s crude oil imports from Russia is more than compensating the withdrawal of the Indian…
US, Venezuelan Crude Costlier, Less Suitable For Indian Refiners
Chennai: While the government has reportedly asked refiners to consider oil purchase from the US and Venezuela, these…
Global Traders Launch Legal Venezuelan Oil Sales to China
Vitol, the world’s biggest independent oil trading group, is offering Venezuelan crude to Chinese refiners at a discount…
Heavy Crude Prices Could Surge as U.S.-Venezuela Tensions Escalate
A loss of Venezuelan oil production in case of a U.S. military intervention will materially impact global benchmark…