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India's oil diversification could be good news for tankers


India's oil diversification could be good news for tankers

Diversification of India's oil sources could be positive news for tanker ton-mile demand, according to Poten & Partners.

India's Oil Diversification Could Be Good News For Tankers

Diversification of India's oil sources could be positive news for tanker ton-mile demand, according to Poten & Partners.

India's Oil Demand Drives CMB Tech Fleet Diversification - gCaptain

“India is a bright spot, with oil demand forecast to grow by 200 thousand barrels per day in 2024, surpassing China's incremental demand growth ...

Tankers will benefit from India's aim to diversify crude oil imports

The country's move to diversify its sources of crude oil to meet growing demand indicates growing trade flows to the country in the short, medium and long ...

INTERVIEW: Cairn eyes India's new block auctions to diversify ...

"We have plans to pump in about 3-4 billion dollars of capital expenditure over the next 3-4 years in the upstream sector. About 20% that will ...

Tanker Market: Lower Ton-Mile Demand Ahead?

This could lead to a reduction of ton-mile demand. In its latest weekly report, shipbroker Intermodal said that “India's crude oil import ...

This new trade route could revolutionize Russia-India ... - Khmer Times

Russia has maintained its position as India's top supplier, despite a notable decline in oil imports from Russia for the second consecutive ...

India looks to tap Brazil in push toward crude diversification, equity oil

“It's a good strategy to aim to boost both upstream and downstream ties with Brazil. Indian refiners and upstream companies will stand to gain ...

India's decision to diversify crude supplies boosts tonne-miles

India will witness the largest increase in energy demand in the world over the next 20 years, tanker brokers Gibson observed in a new report ...

India to keep diversifying oil supply, accelerate energy transition

believes that supply cuts and uncertainty will dent long-term demand and make it imperative for India to accelerate its transition to green

India's future crude oil supplies will mostly come from Gulf -oil minister

India's minister of petroleum and natural gas, Hardeep Singh Puri, said most of his country's crude oil supplies in the near future will ...

As US cracks down on Russian oil shippers, India expects no real ...

India has a highly diversified crude oil supplier base that would help in keeping supply steady even if some of the volumes coming from a ...

India Throws The Oil Tanker Industry A Lifeline | OilPrice.com

India's more aggressive plans to diversify oil purchases away from the Middle East would likely support the global oil tanker market, both ...

World-leading Indian oil demand growth to fuel product tanker ...

“Stable refined product exports and increasing crude oil imports will enhance India's role in the tanker market,” it said. ... “India uses a ...

2021-media Archives - Page 7 of 11 - - Poten and Partners

Seatrade Maritime News: India's oil diversification could be good news for tankers ... Diversification of India's oil sources could be positive news for tanker ...

US WTI crude flows to India climb in April | Latest Market News

Improved arbitrage economics and firmer demand for petrochemical feedstocks helped boost exports of naphtha-rich US WTI crude to India in ...

India to keep diversifying oil supply, accelerate energy transition

DAVOS, Switzerland, Jan 17 (Reuters) - Supply cuts by OPEC+, costly shipments from some traditional Middle East suppliers and geopolitical ...

Recent US sanctions may have muted impact on India's Russian oil ...

Indian refiners' reluctance to accept crude on Sovcomflot tankers in the future “underpins the impact of US/Western sanctions”, Vortexa said, ...

India's move to expand oil ties with Guyana reflects diversification ...

Currently, India imports nearly 85%-90% of its crude oil, and the deal with Guyana would help secure supplies, he added. "The collaboration ...

Indian imports of Russian oil drop to lowest in a year - Nikkei Asia

India ramped up purchases of Russian oil after Moscow's 2022 invasion of Ukraine, capitalizing on steep pricing discounts as a result of Western ...