Apar locks Saudi base oil supply from Aramco’s Yanbu facility
Plus: Oswal Greentech sets up Dubai unit
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Plus: Oswal Greentech sets up Dubai unit
Recent gasoline and diesel price hikes have eased some pressure on state-run retailers, but India’s hybrid fuel-pricing model remains untenable
While exports from Iraq, Kuwait, and Qatar remain choked, the two Gulf heavyweights are leveraging alternative export routes to bypass…
Plus: Dubai’s foreign airline cap hurts Indian carriers
With the Indian Crude Basket nearing USD 150, the government’s tax cuts will shield state-run retailers but cost the treasury…
Temporary authorization covers cargoes loaded before 12 March as markets watch MENA supply risks
Washington grants India a brief window to tap stranded Russian barrels as Middle East turmoil threatens global oil markets
Indian refiners are scaling back Russian crude as sanctions begin to erode commercial viability; pivot to Middle Eastern suppliers
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