Refiners
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Maritime News
High Shipping Rates Pressures Asian Oil Refiners Dependent on Middle Eastern Crude
The jump to record highs in the cost of shipping oil in supertankers is squeezing profit margins for Asian oil refiners, who…
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Maritime News
October Deliveries of Aramco Crude Halted to Some European Refiners
Oil company Saudi Aramco has told at least two European refining customers they will receive no crude oil next month…
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Maritime News
Refiners Sign Direct Contracts with PDVSA for Venezuelan Oil
Refiners and oil-producing firms in the U.S. and elsewhere are gaining market share in Venezuela’s crude as they sign direct…
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Marine World
Refiners, Not Consumers, Are Biggest Winners From Jones Act Waiver, OSG CEO Says
The Trump administration’s emergency Jones Act waiver has delivered a windfall to U.S. refiners while doing little to lower fuel…
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Marine World
US Refiners Can Still Absorb More Venezuelan Oil
By Marianna Parraga HOUSTON, June 12 (Reuters) – U.S. refiners can still absorb more Venezuelan crude, Energy Secretary Chris Wright said on…
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Maritime News
Chinese Refiners Are Absorbing Much of the Hit From Hormuz Shutdown
Many oil market observers have been baffled by the consistently low pricing for crude benchmarks since the start of the…
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Marine World
India State Refiners Mull Russia Oil Options After Sanctions
India’s state-run refiners are considering whether they can continue to take some discounted Russian oil cargoes by leaning on small…
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Marine World
Indian Refiners Pause New Russian Oil Orders, Await Clarity, Sources Say
Indian refiners have not placed new orders for Russian oil purchases since sanctions were imposed, as they await clarity from…
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Port News
SCI teams up with refiners to grow India’s MR fleet
India’s state-owned Shipping Corporation of India (SCI) is joining forces with the country’s top refiners to launch an expansion of…
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Marine World
Trump’s Oil Tariffs A Boost For European And Asian Refiners
By Robert Harvey and Georgina McCartney LONDON/HOUSTON, Feb 1 (Reuters) – U.S. President Donald Trump’s trade tariffs on Canadian and Mexican oil…
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