Crude Oil Buyer

(Reuters) - India has cut its windfall tax on petroleum crude to 8,400 Indian rupees ($100.66) a metric ton from 9,600 rupees with effect from May 1, the government said on Tuesday

After a dip in market share, suppliers from the West Asian nation are discounting heavily to muscle out cheaper Russian oil

Asia soaked up 37 per cent of the oil the US sent abroad in 2017