Russia Turns to India for Gasoline as Ukraine Pummels Refineries


“The emergence of Indian barrels is particularly notable,” said Sumit Ritolia, lead analyst at Kpler. The cargoes, which complement continued imports from Belarus and other neighboring markets, highlight “the severity of the current domestic gasoline imbalance, and the extent to which lower refinery runs are reshaping Russia’s traditional product trade flows,” he said.



Source link

  • Related Posts

    Vestas Raises Profit Outlook as Wind Turbine Orders Surge

    The Danish company said it expects a profit margin of between 7% and 9% for the full year, up from 6% and 8% previously. The upgrade marks further progress for…

    AGL Jumps Most in Six Months on Strong Battery Performance

    “The improved availability and flexibility of our generation asset portfolio, including the continued strong performance of our batteries, supported earnings resilience in a period of low volatility,” Chief Executive Officer…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Adley Rutschman comes off IL, debuts for Red Sox in loss

    Adley Rutschman comes off IL, debuts for Red Sox in loss

    Why have several nations raised red flags over Indian farm exports? | Agriculture News

    Why have several nations raised red flags over Indian farm exports? | Agriculture News

    Statement on Israel’s security cabinet’s decision to expand Israeli control over the West Bank

    Statement on Israel’s security cabinet’s decision to expand Israeli control over the West Bank

    Vestas Raises Profit Outlook as Wind Turbine Orders Surge

    8 Takeaways from Tuesday’s Primaries

    8 Takeaways from Tuesday’s Primaries

    Google’s Gemini app surges to 1 billion users

    Google’s Gemini app surges to 1 billion users