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07.08.26 - 13:30
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Indian Refiners Continue West Africa Crude Buying Spree (ZeroHedge)
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Indian Refiners Continue West Africa Crude Buying Spree
By Tsvetana Paraskova of OilPrice.com
India's state-run refiners continue their buying spree of crude from West Africa as the Middle East crisis has sapped supply and made deliveries uncertain.
In one of the latest purchases via a tender, India's state-owned refiner Hindustan Petroleum Corporation Limited (HPCL) has acquired 2 million barrels of Nigerian crude oil from Shell, trade sources told Reuters on Thursday.
HPCL has bought 1 million barrels each of Nigerian crude grades Forcados and Bonga for its Visakh refinery in the state of Andhra Pradesh on the east coast of southern India. The refinery has the capacity to process 300,000 barrels per day (bpd) of crude.
Earlier this week, reports emerged that HPCL acquired 2 million barrels of Okwuibome and Utapate crudes from Nigeria from commodity trader Glencore via a tender.
The Nigerian crude from Glencore will go to feed HPCL's refinery in the state of Rajasthan, HPCL Rajasthan Refin...
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05.08.26 - 23:45
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Rio Tinto Aktie: Spannend! (Aktiencheck)
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Kulmbach (www.aktiencheck.de) - Rio Tinto-Aktienanalyse von "Der Aktionär":
Markus Bußler vom Anlegermagazin "Der Aktionär" nimmt im "Der Aktionär TV" die Aktie von Rio Tinto plc (ISIN: GB0007188757, WKN: 852147, Ticker-Symbol: RIO1, London Stock Exchange-Symbol: RIO) unter die Lupe.
Der Bergbaukonzern habe offenbar kein Interesse an einem neuen Übernahmeangebot von Glencore. [mehr]...
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