Stocks Slightly Lower in Thin Holiday Trade
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Tax breaks help Russian oil exporters stay afloat as discounts deepen
Discounts on Russian oil at export terminals have once again approached historic highs, putting pressure on exporters’ trade profits amid…
Indian Oil buys first Colombian oil under Ecopetrol contract, sources say
Indian Oil Corp IOC purchased its first Colombian oil under an optional supply deal with state oil company Ecopetrol, two…
China rolls out naphtha import quotas for 2026, sources say
China has started allocating naphtha import quotas to key importers in the first batch of allowances for 2026 and the…
China begins issuing second batch of 2026 crude import quotas to refiners, sources say
At least one major Chinese independent refiner has received its second batch of 2026 government quotas for crude oil imports,…