The latest round of US sanctions targeting Russian oil suppliers is reshaping the procurement strategies of major Indian refiners, particularly Indian Oil Corporation (IOC) and Reliance Industries.
January 19, 2025
The country’s crude imports from Venezuela have surged to their highest level since 2006, largely due to a special US license granted to Spanish energy company Repsol.
December 08, 2024
The recent expansion of the Trans Mountain pipeline (TMX) has significantly changed the dynamics of crude oil imports to the US West Coast.
November 03, 2024
Russia's ESPO Blend oil has recently risen to a premium over the Brent benchmark for the first time since Nov. 2023, driven by increased demand from Chinese refiners.
September 28, 2024
Despite doubts about the refinery's readiness, Petróleos Mexicanos (Pemex) cut exports to ensure feedstock availability.
May 12, 2024
