Business Standard

Asian Refiners

Asian refiners eager to resume Iranian oil imports as high prices bite

Most Asian buyers halted Iranian oil imports in 2019 after former US President Trump withdrew from the nuclear deal with Iran and re-imposed sanctions on Tehran's oil exports

Asian refiners eager to resume Iranian oil imports as high prices bite
Updated On : 18 Feb 2022 | 8:32 AM IST

Tumble in spot premiums spurs Asia refiners' buying of Mideast oil

Easing concerns about the impact of new coronavirus variant Omicron on Asia's fuel demand are also supporting Asian refiners' margins, trade sources said.

Tumble in spot premiums spurs Asia refiners' buying of Mideast oil
Updated On : 17 Dec 2021 | 12:02 PM IST

Asia refiners face double blow to profits from Iran and Covid resurgence

The virus resurgence in India and other nations apart from China is reducing consumption of products such as gasoline.

Asia refiners face double blow to profits from Iran and Covid resurgence
Updated On : 01 Jun 2021 | 6:59 AM IST

Saudi cuts April crude for some Asian refiners, maintains India supply

Saudi Arabia has pledged to continue with an extra 1 million barrels per day voluntary output cut for a third month in April

Saudi cuts April crude for some Asian refiners, maintains India supply
Updated On : 12 Mar 2021 | 9:36 PM IST

Saudi Aramco cuts February crude supply to some Asian refiners, sources say

Saudi Arabia has cut supplies of February-loading crude by 10% for at least two Asian buyers while meeting requirements of at least three others, several refinery and trade sources said

Saudi Aramco cuts February crude supply to some Asian refiners, sources say
Updated On : 13 Jan 2021 | 10:36 AM IST

Asian oil refiners cut output to fight oversupply, low margins

A near doubling in oil prices from January has also pressured margins, or the amount of profit a refinery makes on processing crude

Asian oil refiners cut output to fight oversupply, low margins
Updated On : 11 Jul 2016 | 3:32 PM IST