- Refiners remain confused, seek more clarity on G7 price cap
- BPCL expects Russian, Indian, Chinese insurance services to emerge
- Europe takes more US crude at the expense of Asian buyers
Asian and European refiners remain confused about how G7’s plan to impose a price cap on seaborne Russian oil cargoes would function, but the oil companies would eventually find ways to have Russian crude supplies continue to flow in the market and manage alternative options to fill any gaps, reports Platts.
Refin...https://mfame.guru/global-refiners-to-eventually-adjust-to-russian-crude-trade-complications/