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Middle Eastern Oil Latest Videos

Middle Eastern Oil Latest News

  • Middle Eastern oil accounted for 71.5% of India's oil imports in July, its highest share in 26 months, while imports from Africa fell to 5%, the lowest in at least 14 years, data from trade sources showed on Friday. Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African barrels. India, the world's third-biggest oil consumer, imports more than 80% of its oil needs. Indian refiners mostly tap spot markets for low sulphur or sweet grades and buy sour grades under term deals with Middle Eastern producers.
    Middle East Share Of India's Oil Imports Hits Two-Year High In July

Reviews

  • Castrol has launched the Vecton RX Fuel Saver 10W-40, diesel engine oil which was co-engineered by Castrol and Tata Motors. The oil is designed to increase the fuel efficiency of Tata trucks by 3%, which will not only save substantial amounts of diesel but also operating costs for these trucks.
    Castrol Launches Vecton RX Fuel Saver Diesel Engine Oil
  • Mahindra Two Wheelers Ltd. (MTWL) has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for a genuine engine oil to be used for their 110cc bikes.
    Mahindra Two Wheelers & HPCL develop Miles+ Engine oil for 110cc bikes