Intentar ORO - Gratis
India may buy Mideast oil to replace Russian shortfall
Millennium Post Delhi
|December 25, 2024
“The three large state-owned refiners- IOC, BPCL and HPCL are short of 8-10 million barrels of Russian oil for January loading”
-
NEW DELHI: Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have fallen, three refining sources said, in a move that could support prices for high-sulphur oil.
The three large state refiners- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) are short of 8-10 million barrels of Russian oil for January loading, the sources told Reuters.
The refiners fear continued problems in securing Russian oil in the spot market could continue in coming months as Moscow's own demand is rising and it has to meet commitments under the OPEC pact.
However, they added that they can draw from their inventories to meet crude processing needs in March.
Esta historia es de la edición December 25, 2024 de Millennium Post Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Millennium Post Delhi
Millennium Post Delhi
Nigerian army kills 45 militants
ABUJA: Nigeria's military killed 45 militants in the country’s northwest region, the Katsina state government said Saturday.
1 min
Delhi 08 March 2026
Millennium Post Delhi
Govt asks ports to consider waiving charges, issues SoPs
Union Shipping, Ports and Waterways Ministry has proposed that ports may consider requests regarding reduction, waiver or remission of charges, including change of vessel charge, and also rolled out a standard operating procedure (SoP) for them to deal with issues arising from the West Asia crisis.
1 mins
March 08, 2026
Millennium Post Delhi
Iceland cos keen to increase collaboration in fisheries, clean energy with India: Envoy
India and the EFTA comprising Iceland, Liechtenstein, Norway & Switzerland implemented Trade & Economic Partnership Agreement on October 1, 2025
1 mins
March 08, 2026
Millennium Post Delhi
ISL: Bengaluru FC edge out Mohammedan SC 2-1
First-half strikes by Ryan Williams and Ashique Kuruniyan gave Bengaluru FC a fighting 2-1 win over Mohammedan Sporting Club in their Indian Super League (ISL) match here on Saturday.
1 min
March 08, 2026
Millennium Post Delhi
Fuel price bomb in Pakistan
In the first post-Iran war economic shock, Pakistan government in an overnight decision has increased petrol and high-speed diesel prices by PKR 55 per litre each, the highest-ever hike.
1 min
March 08, 2026
Millennium Post Delhi
Toor wins gold with 20m-plus throw
Indian Grandmaster Aravindh Chithambaram defeated Netherland’s Jorden van Foreest but world champion D Gukesh’s winless run continued as he played out a draw yet again, this time against Vincent Keymer of Germany in the eighth and penultimate round of the Prague International chess festival here.
1 min
Delhi 08 March 2026
Millennium Post Delhi
Day 8: War with no off switch
‘Russia provided Iran with information to help Tehran strike US military’
3 mins
March 08, 2026
Millennium Post Delhi
HC acquits Dera chief in scribe murder case
In a major development, the Punjab and Haryana High Court on Saturday acquitted Dera Sacha Sauda chief Gurmeet Ram Rahim Singh in the murder case of journalist Ram Chander Chhatrapati, more than seven years after he was convicted and sentenced to life imprisonment.
1 min
March 08, 2026
Millennium Post Delhi
RISE OF THE FEMALE PROTAGONIST
The evolving portrayal of women in Indian cinema reflects changing social realities, and audiences are increasingly receptive to nuanced female characters
2 mins
March 08, 2026
Millennium Post Delhi
Vedanta Power celebrates International Women’s Day with 29% women workforce
At Talwandi Sabo Power Ltd, women constitute about 52 of the workforce
1 min
March 08, 2026
Listen
Translate
Change font size