By Administrator_India Capital Sands Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week’s slips. Brent crude fell 23 cents, or 0.6%, to $41.69 […]
Oil
Three Indian refiners cut Mideast oil imports in May
By Ritu, Capital Sands At least three Indian refiners have curbed oil imports from Middle East producers, including Saudi Arabia, for May because of storage constraints as local fuel demand slumped following the coronavirus outbreak, company officials said. This is the second consecutive month that Indian refiners have cut […]