Topic
middleeastoil
2 stories, newest first.
Business & Economy · IndiaBPCL to cut Russian crude imports in November as freight costs rise
Bharat Petroleum Corp Ltd expects its Russian crude imports to fall in November because freight costs have risen and Middle‑Eastern grades are now cheaper. Russian oil made up about 37 % of its supply in the July‑September quarter, and the company will shut down units at its Mumbai and Kochi refineries for maintenance.
India3 min readTrust 76 · Craft 95 · Hype 12
Business & Economy · Middle EastUS Energy Secretary’s Oil Export Claims Disputed by Shipping Data
US Energy Secretary Chris Wright claims nearly 9 million barrels of oil per day leave the Strait of Hormuz, a figure the US says reflects military efforts to secure the waterway. Vessel tracking services report volumes closer to 1.7 to 2.8 million barrels per day, leaving a gap of 3 to 5 million barrels unaccounted for.
Middle East5 min readTrust 78 · Craft 77 · Hype 25