cheap price russian oil refinery

KplerRussian oil exports hit a two-year low as domestic

cheap price russian oil refinery
                                               
                                               
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OilPriceOne of Russia’s Largest Oil Refineries Halts Crude Intake

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biznesalertHow much does Russian oil really cost? (ANALYSIS)

cheap price russian oil refinery
                                               
                                               
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NZZ Neue Zürcher ZeitungIndia is buying Russia's oil. But who is really

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Financial TimesIndia’s Russian oil conundrum: yield to Donald Trump or

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The Indian ExpressIndian refiners likely saved at least $10.5 billion by

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Russia Crude oil Cheap, India Fuel Price High

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OilPriceRussia’s Fuel Oil Exports to India and Turkey Jump

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OilPriceBrussels Moves Ahead with 2027 Russian Gas Exit

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OilPriceKey Turkish Refinery Gets Back Into Russian Oil

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  • Which oil refiners are receiving Russian crude?
  • Large private oil refiners Hengli Petrochemical (600346.SS) and Jiangsu Eastern Shenghong Co (000301.SZ) started receiving Russian crude from March, attracted by wide discounts for the oil, according to traders and shiptracking data from Refinitiv, Kpler and Vortexa.
  • Why are Chinese refineries buying Russia's oil?
  • Brian Gallagher, head of investor relations at Belgian tanker group Euronav, said the consolidation of Russia oil on to larger ships for transport to Asia was “unusual”. But with Urals discounted $35 per barrel against Brent crude, he added that Chinese refineries were motivated to buy.
  • Does China buy oil from Russia?
  • For the first half of this year, imports from Russia are up 22% from the same period in 2022. In addition to discounted Russian oil, China also buys crude from Iran, although this is largely disguised as imports from other nations in official data.
  • Why are Chinese oil companies sweeping up Russian crude?
  • REUTERS/Stringer Purchase Licensing Rights SINGAPORE, April 21 (Reuters) - Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil, according to trade sources and shipping data.
  • How much crude is available to refiners?
  • The volume of crude available to refiners was 16.93 million bpd, consisting of imports of 12.67 million bpd and domestic output of 4.26 million bpd. Subtracting the refinery throughput from the total crude available leaves a surplus of 2.1 million bpd that was available for storage.
  • Why is China paying deep discounts for Russian ESPO crude oil?
  • SINGAPORE, Dec 8 (Reuters) - China is paying the deepest discounts in months for Russian ESPO crude oil amid weak demand and poor refining margins even though the effective prices refiners pay could exceed a price cap imposed this week by Western countries.