Tuesday, April 14, 2020

India plans to fill strategic oil storage by the third week of May

India will be diverting cargoes for loading in April already bought by refiners Indian Oil Corp, Bharat Petroleum, Hindustan Petroleum and Mangalore Refinery and Petrochemicals Ltd. The refiners cut their crude processing after local fuel demand collapsed and are unable to store the excess oil themselves.

from Energy-Industry-Economic Times https://ift.tt/3eeKJH3

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