Saudi Aramco Stops Crude Supplies to India; Higher Costs Loom for Replacement Oil

Saudi Aramco Stops Crude Supplies To Indian Refiners After Pipeline Attack

Saudi Aramco has stopped crude oil supplies to Indian refiners following an attack on Saudi Arabia's East-West pipeline, with deliveries suspended until further notice, The Economic Times reported on Friday. The development could put additional pressure on Indian refiners as they

Saudi Aramco stops crude supplies to India. Here's why oil could get costlier

Saudi Aramco has stopped crude supplies to Indian refiners after the East-West pipeline attack. The disruption may raise replacement costs as oil prices and freight rates remain elevated.

Saudi Aramco stops crude supplies to India; higher costs loom for replacement oil

Saudi Aramco has halted crude oil supplies to Indian refiners until further notice following an attack on its critical East-West pipeline, Sanjeev Choudhary reports for The Economic Times. While Indian refiners are expected to find replacement crude, rising oil prices and freight costs could make those imports more expensive. Brent crude was trading around $108 a barrel on Wednesday. Saudi Arabia has also sold some spot cargoes to traders for po…

Indian fuel exports face pressure as Saudi halts crude supply - The Press United

If replacement supplies become difficult to secure, the pressure could move from higher costs to lower refinery output, an analyst has told RT Indian fuel exports could come under pressure if Saudi Arabia’s crude supply halt persists, an analyst has told RT, with refiners facing higher replacement costs and the risk of lower export volumes […] The post Indian fuel exports face pressure as Saudi halts crude supply appeared first on The Press Unit…