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…
Tag: Refiners
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…
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…
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…
Indian Refiners Pivot Away From Russian Oil
Oil prices were little changed in the current week, with bearish sentiment still ruling the markets after the U.S. agreed…
Putin Relaxes Rules for Fuel Subsidies to Refiners Amid Strikes
Russian President Vladimir Putin relaxed the rules on fuel subsidies to the nation’s refiners, allowing them to continue receiving billions…
China Refiners Grab Russian Oil as Trump Menaces Flows to India
Oil refiners in China have stepped up purchases of Russia’s flagship crude, seizing an opportunity to take discounted cargoes relinquished…
India Hasn’t Given Refiners Directions Not to Buy Russian Oil
India hasn’t given the country’s oil refiners instructions to stop buying Russian oil, according to people familiar, as officials grapple…
After Gasoline, China’s Oil Refiners Face a Jet Fuel Glut
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of…