India: Lower crude oil prices likely to tilt imports towards Iraq and UAE

Capt. John

Industry sources have said that crude oil purchases in the first quarter (April-June) of 2024-25 would remain tilted towards Russia if Brent crude prices remain above $81 per barrel, officials at state-owned refiners said. However, it may swing towards crude from Iraq and the United Arab Emirates...

https://www.hellenicshippingnews.com/india-lower-crude-oil-prices-likely-to-tilt-imports-towards-iraq-and-uae/

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