Rust Preventive Oil
Rust preventive oils are special types of lubricants that help stop metal from rusting. Rust preventive oils are widely used in automotive, industrial machinery...
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Rust Preventive Oil Market Report
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China, Iran, and the Oil Market: How New U.S. Sanctions Could Reshape Trade Flows
Oil & gas product prices remain mixed, with base oils, fuel oils, and lubricants showing grade and packaging-based variations. Global sanctions and trade shifts, particularly U.S. actions against Iranian crude, are creating supply-side uncertainty. OPEC+ production increases and stable inventory levels offer a buffer, but volatility risks remain high.
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India Diversifies Crude Imports, Boosts African & South American Supply Amid Russian Oil Sanctions
India is diversifying crude oil imports, increasing purchases from Africa and South America while reducing Russian intake due to U.S. sanctions. Despite falling crude prices globally, domestic fuel rates remain stable, benefiting refiners.
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India’s Russian Oil Imports Dip Amid Sanctions, Supply Costs in Focus
Petroleum product prices remain stable, with base oil, fuel oil, and specialty oil rates varying by grade and packaging. Russian crude exports to India declined due to US sanctions, raising concerns over rising costs. Indian refiners are negotiating deeper discounts, while long-term supply agreements remain uncertain amid evolving global trade policies.
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China’s Crude Oil Imports Decline Amid Sanctions and Port Restrictions
China’s crude oil imports fell 5% in early 2025 due to U.S. sanctions and port restrictions, raising freight costs and limiting supply. Refined product exports dropped 18%, while LNG imports declined 7.7%. However, imports are expected to rebound in March-April as refiners adapt, securing alternative crude and attracting more non-sanctioned tankers.
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India’s Crude Oil Trade Shifts Amid Sanctions and Supply Diversification
India's crude oil imports from the U.S. hit a two-year high as refiners sought alternatives to Russian supplies amid sanctions. Russian imports declined slightly, with Middle Eastern suppliers filling the gap. Fresh U.S. sanctions on Russian oil impacted revenues, reshaping global trade flows. Competitive pricing and supply diversification will continue.
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Indian Demand for Russian Urals Crude Grows Amid Supply Shifts
India's petroleum market is witnessing a shift in crude oil supply as Russian Urals shipments to Turkey decline, increasing availability for Indian refiners. Oil prices remain volatile due to OPEC+ production hikes and geopolitical uncertainties. Despite increased supply, India's demand for Urals crude remains strong, supported by long-term contracts.
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Shifting Energy Ties: India's Rising US Oil Imports Amid Russian Supply Constraints
India’s petroleum market is undergoing a shift due to fluctuating bitumen prices and evolving crude oil imports. US crude shipments to India nearly doubled in February, while Russian exports declined by 25% amid sanctions. Indian refiners are diversifying sources, increasing Middle Eastern imports, and securing long-term energy agreements with global suppliers.
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Base Oil Supply Tightens During Turnarounds, Buyers Eye Price Changes: LubesNGreases
Base oil prices remain stable to firm due to constrained supply and ongoing plant maintenance. Demand is cautious amid economic uncertainty and potential U.S. tariffs. India’s oil imports from the U.S. surged, while Russian crude remains a key component. Market participants anticipate volatility as geopolitical risks continue to evolve.
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Trump Tariffs Shake Oil Trade: India Boosts US, Russian Imports
India increased its crude oil imports from the U.S. by 67% in March, while Russian imports also increased. Meanwhile, Brent crude prices remain steady below $75 per barrel. ONGC's new crude oil discovery in Uttar Pradesh could reduce India’s import dependence in the long term. Markets are watching Trump’s tariff announcement today for potential global trade disruptions.
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