India’s reemergence for Venezuelan crude opens new battleground for China

Indian refiners have started to snap up crude shipments from Venezuela barely weeks after the easing of sanctions, opening up a new battleground for Chinese independent refiners who have been the most active buyers of the feedstock from the South American supplier in recent years. “Some Venezuelan crude is now getting loaded and is on its way to India. With… Indian refiners have started to snap up crude shipments from Venezuela barely weeks after the easing of sanctions, opening up a new battleground for Chinese independent refiners who have been the most active buyers of the feedstock from the South American supplier in recent years. “Some Venezuelan crude is now getting loaded and is on its way to India. With… Read More