China pips India in shopping for Russian oil! India is not the highest purchaser of seaborne Russian oil. The nation has been compelled to reject some cargoes of sea-borne Russian oil due to sanctions. China is now lapping oil from Russia at deeply discounted charges. In March, China outpaced India…
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Iraq blames overseas corporations for delay in crude export restart from Iraqi Kurdistan area
CAIRO: Iraq’s oil ministry mentioned on Monday that overseas corporations working in Iraqi Kurdistan have been partly in charge for the delay in resumption of crude exports from the area. International corporations, alongside the Iraqi Kurdish authorities, had to date not submitted contracts to the federal oil ministry to revise…