India refiners getting rare oil cheap as China demand slows
Nidhi Verma, Shu Zhang - Reuters
February 24, 2020
Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
Indian refining companies are snapping up rare crude grades as the coronavirus outbreak curtails China's demand for processing, executives and traders said, with prices for some grades falling by as much as 15%.