Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade ...
known in the industry as “sour” crude oil, and some contain much less sulfur and are considered “sweet” crudes. Heavy sour crude oil is more complicated to refine into lower-sulfur fuel ...
The United States recently imposed sweeping sanctions on Russia, targeting its oil producers and shipping networks. This has ...
Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.
Bretaña, a heavy sweet crude from the Peruvian Amazon, is gaining popularity in the US market as crude oil imports shift.
Bretana is a heavy sweet crude oil with minimal metals that's produced ... Matt Smith, analyst at Kpler, said: "Given that heavy sour oil from Mexico has been dropping to the U.S. Gulf Coast ...
IOC earlier this week floated tenders seeking sour and sweet crude for loading between the second half of February and the ...
Bretaña, a rare heavy sweet crude with ... cargo was bought by oil major Shell (SHEL.L), opens new tab, a source said. Shell declined to comment. "Given the drop in heavy sour crude from Mexico ...