India weighs alternate crudes, refining costs, economic fallout as Iran conflict drags on

Indian refiners are maintaining their normal throughput levels but have started negotiating for incremental crude oil cargoes from the US, Russia, and West Africa to ensure that supplies remain plentiful in the event the Middle Eastern conflict drags on for a longer period, industry officials and analysts said March 5. While physical crude availability in the country might be sustained throughIndian refiners are maintaining their normal throughput levels but have started negotiating for incremental crude oil cargoes from the US, Russia, and West Africa to ensure that supplies remain plentiful in the event the Middle Eastern conflict drags on for a longer period, industry officials and analysts said March 5. While physical crude availability in the country might be sustained throughRead More