Crude oil
India's Russian oil imports down in January amid trade talks with U.S.
On Monday, U.S. President Donald Trump announced a trade deal with India to cut tariffs to 18% from 50% in exchange for New Delhi halting Russian oil purchases and lowering trade barriers.
U.S. authorizes U.S. diluent supply to Venezuela oil sector
Diluents are a key fuel needed to produce exportable crude oil grades.
Indian refiners await government advice on Russian oil import halt
On Monday, U.S. President Donald Trump announced a trade agreement with Indian Prime Minister Narendra Modi that included halting oil purchases from Russia, but without details on how and when such purchases by India would end.
China's Chambroad buys Canadian crude for May delivery
The refiner was one of the main buyers of Venezuelan oil, while it occasionally imported Canadian oil exported from the Trans Mountain pipeline for its bitumen production.
Venezuela oil exports rise sharply in January under U.S. control
Venezuelan oil exports rose to some 800,000 bpd in January, from 498,000 bpd in December, after the U.S. capture of Nicolas Maduro and the ending of an oil blockade which has let traders carry most exports, shipping data showed.
Refiner Phillips 66 can process 250,000 bpd of Venezuelan crude
The price for Venezuelan crude does have to be competitive, and Venezuelan crude may displace some other sources of heavy crude including Western Canadian Select.
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