Three Indian refining industry sources have said that Indian refiners are bracing for new U.S. sanctions against Russia and are expected to face major Russian oil supply disruptions.
Gold Ten Futures, September 23rd, according to foreign media reports, five trade sources said that due to the increase in import tariffs and the rise in horse palm prices, Indian refiners cancelled 100,000 tons of palm oil purchase orders for delivery from October to December. India's cancellation of orders may limit the rise in Malaysian palm oil prices, but may help support soybean oil prices, as some refiners switch to soybean oil. India's crude palm oil for delivery in October is currently q...
Gold Ten Futures, August 21, the latest report released by the World Bureau of Metals Statistics (WBMS) shows that in June 2024, the global refined copper production was 2.385 million tons, the consumption was 2.6161 million tons, and the supply shortage was 231,100 tons. In January-June 2024, the global refined copper production was 14.1402 million tons, the consumption was 14.2565 million tons, and the supply shortage was 116,300 tons. In June 2024, the global copper concentrate production was...
After Ukraine bombed more than ten Russian refineries, US Defense Secretary Austin warned that these attacks could have a chain reaction on the global energy situation. Click to view>& Gt;
According to the International News Agency, the Orsk Refinery (ORSK) in Orenburg Oblast, Russia has suspended operations due to flooding causing the local dam to break.
According to TASS: Russian Deputy Prime Minister Novak stated that due to existing refining capacity, Russia may increase fuel production.