Blogs

HOUSTON, June 26 (Reuters) – U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season. Imports of crude oil rose to 3.1 million barrels per day (bpd) in May, ... Read More

Aramco chairman Yasir Al-Rumayyan was first appointed to the Reliance board in 2021 for a three-year term Saudi Aramco chairman Yasir Al-Rumayyan has been reappointed as an independent director on the board of India’s Reliance Industries Limited. Nearly 84 percent of shareholders voted in favour while 16 percent voted against ... Read More

Base oils shipments from the Saudi Arabian ports of Yanbu and Jeddah rose to a five-month high in May amid a pick-up in flows to the UAE and India. Total shipments of more than 85,000 tonnes in May from Yanbu and Jeddah combined rose from close to 50,000 tonnes the previous ... Read More

India’s Group II base oils imports rose in May to the highest in more than three years as a pick-up in shipments from the US and Saudi Arabia added to still-high volumes from Asia. The rise in shipments contrasted with a drop in imports of Group I base oils to a five-month ... Read More