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Tag: Refiners

China Allows Teapot Refiners More Crude to Cope With Iran Crunch
Global Economy

China Allows Teapot Refiners More Crude to Cope With Iran Crunch

China has granted independent refiners additional crude import quotas to allow them to continue to produce fuels at officially mandated…

nileshsha@hotmail.comApril 8, 2026
Refiners Could Wait Weeks for Oil, Even After Strait Is Fully Reopened, Macquarie Says
Global Economy

Refiners Could Wait Weeks for Oil, Even After Strait Is Fully Reopened, Macquarie Says

Some refiners could wait several weeks for oil even after the Strait of Hormuz is fully reopened, keeping up the…

nileshsha@hotmail.comMarch 31, 2026
US grants 30-day waiver for Indian refiners to purchase Russian oil| India News
National News ( India Focus)

US grants 30-day waiver for Indian refiners to purchase Russian oil| India News

Weeks after removing a 25% tariff penalty on India for buying Russian energy, the Trump administration has issued New Delhi…

nileshsha@hotmail.comMarch 6, 2026
Indian Refiners Eye Russian Oil Again as Iran Crisis Hits Supply
Global Economy

Indian Refiners Eye Russian Oil Again as Iran Crisis Hits Supply

Indian state refiners and government officials met over the weekend to hammer out contingency plans for a crisis in Iran…

nileshsha@hotmail.comMarch 2, 2026
Oil Refiners Shun UAE’s Flagship Murban for Cheaper Alternatives
Global Economy

Oil Refiners Shun UAE’s Flagship Murban for Cheaper Alternatives

Asian oil refiners are switching from Abu Dhabi’s flagship Murban crude as other grades become cheaper, according to traders. www.bloomberg.com…

nileshsha@hotmail.comJanuary 19, 2026
Why access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners | Oil and Gas News
World News

Why access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners | Oil and Gas News

The United States’ bid to control Venezuela’s oil sector after abducting Venezuelan President Nicolas Maduro has shone a spotlight on…

nileshsha@hotmail.comJanuary 16, 2026
Vitol, Trafigura Are in Talks With US Refiners to Gauge Interest in Venezuelan Oil
Global Economy

Vitol, Trafigura Are in Talks With US Refiners to Gauge Interest in Venezuelan Oil

Trafigura Group and Vitol Group, two of the world’s largest commodities trading houses, are in discussions with US refiners to…

nileshsha@hotmail.comJanuary 10, 2026
Analysis-Venezuelan oil would boost US refiners, hurt Canadian producers
Stock Market

Analysis-Venezuelan oil would boost US refiners, hurt Canadian producers

By Arathy Somasekhar and Georgina McCartney HOUSTON, Jan 6 (Reuters) – A full-scale resumption of Venezuelan oil exports would benefit…

nileshsha@hotmail.comJanuary 8, 2026
Indian state refiners are still buying Russian oil despite Trump’s tariff threat
Stock Market

Indian state refiners are still buying Russian oil despite Trump’s tariff threat

An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners…

nileshsha@hotmail.comJanuary 7, 2026
Why U.S. oil refiners could be the big winners in Venezuela — even if its actual reserves disappoint
Stock Market

Why U.S. oil refiners could be the big winners in Venezuela — even if its actual reserves disappoint

Refiners in the U.S. have the distinctive ability to handle the type of heavy crude Venezuela claims to have in…

nileshsha@hotmail.comJanuary 7, 2026

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