Saudi Aramco Stops Crude Supplies to India; Higher Costs Loom for Replacement Oil
4 Articles
4 Articles
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…
Aramco has told Indian refineries in a statement that they will not be able to supply crude oil until further notice.
Saudi Aramco Halts Term Crude Sales To Indian Refiners Amid Gulf Disruptions
New Delhi: Saudi Aramco has stopped term crude oil sales to Indian refiners “until further notice”, adding to the pressure on buyers already facing high oil prices, costly shipping and disruptions in the Gulf. The pause comes as crude flows from the Gulf face fresh trouble. Saudi Arabia’s East–West pipeline has been shut after an attack, limiting the kingdom’s…
NEW DELHI: Saudi Aramco has stopped supplying crude oil to Indian refineries until there is a truce. Since the start of the conflict, India's crude oil imports of 9...
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
