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21.02.26 - 03:15
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India Boosts Saudi Oil Imports, Slows Russian Buying, Amid US Pressure (ZeroHedge)
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India Boosts Saudi Oil Imports, Slows Russian Buying, Amid US Pressure
Via The Cradle
Saudi crude shipments to India are set to reach their highest level since 2020 this month, narrowing the gap with Russian supplies as New Delhi faces ongoing US pressure to reduce its purchases of Russian oil, according to data from Kpler cited by Bloomberg on Friday.
Flows from Saudi Arabia are projected at between 1 million and 1.1 million barrels per day (bpd), Kpler lead research analyst Sumit Ritolia said, describing the volumes as the strongest since November 2019, bringing Saudi exports broadly in line with Russian deliveries.
Saudi Aramco
Kpler estimates Russian crude shipments to India at around 1.2 million bpd this month, which would keep Moscow as India's largest supplier, though at levels well below the more than 2 million bpd seen at peak periods over the past three years.
For March, Kpler forecasts Russian flows easing further to between 800,000 and 1 million bpd, noting that such a drop co...
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20.02.26 - 22:36
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US envoy Sergio Gor: India committed to not buying Russian oil (Times of India)
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US Ambassador Sergio Gor stated India committed to not buying Russian oil as President Trump seeks to end the Russia-Ukraine war. Gor also revealed active negotiations for India to procure Venezuelan oil, with an interim trade deal imminent. India's foreign ministry emphasized its energy policy is driven by national interest....
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20.02.26 - 13:01
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Wochenausblick: KW 09 (Helaba)
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Rohöl: Eskalation am Persischen Golf? --- Deutschland: Stimmungsaufhellung bei den Unternehmen --- Aktien: Indikatoren einmal anders gedacht - Dennoch sieht es so aus, als würde die schon so lange erhoffte Erholung des globalen Industriezyklus nun endlich beginnen. Für die durch den Strukturwandel arg gebeutelte deutsche Wirtschaft wäre das eine gute Nachricht.. --- US-Arbeitsmarkt: Eine aktualisierte Diagnose..
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20.02.26 - 12:54
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Trump could attack Iran in days — whats at stake for the oil market (CNBC)
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President Trump has warned Iran that an attack would be "far worse" than the U.S. airstrikes that targeted its nuclear facilities last June... --- U.S. strikes on Iran could precipitate a big oil price spike if the Islamic Republic is able to make the Strait of Hormuz unsafe for commercial traffic..
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