Crude oil
India most vulnerable to prolonged disruptions to Mideast oil, analysts say
Both China and India, Asia's top energy consumers, source around half of their crude imports from the Middle East, but India has far less oil in storage than its neighbor and is more dependent on that region's crude now than in the last three-plus years.
Asia's jet fuel, diesel cash premiums hit multi-year highs on Mideast concerns
Druzhba pipeline carried Ukrainian and Russian oil before January attack
Oil shipments to Hungary and Slovakia through the pipeline primarily operated by Russia have been suspended since January 27 following what Kyiv says was a Russian attack on pumping installations in western Ukraine, prompting a dispute within the European Union and efforts by Hungary to block new sanctions on Russia.
Motiva buys cargo of Venezuelan heavy oil for March delivery; first purchase since 2019
Aramco acquired Motiva Trading in 2023 and became the sole supplier of Motiva Enterprises, which owns the 640,500-bpd refinery in Port Arthur, Texas, the largest in the United States.
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