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Business Maverick: West Africa Oil Still Unloved Despite Post-Ukraine Supply Woes

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इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Russia’s invasion of Ukraine has caused one of the biggest upheavals to global petroleum markets in living memory. It still isn’t resulting in a clamor for replacement barrels from west Africa.

Many of the region’s April oil cargoes have yet to find a home because the three biggest customers — China, India and Europe — are buying less, according to traders specializing in West African barrels.

“Teapots’ crude buying interests are going lower and lower due to the recent weak demand and deepening run cuts,” said Mercedes McKay, an analyst at Facts Global Energy. West Africa’s other main market, Europe, is also seeing muted buying because oil refineries there view cargo offer prices as too high, traders said.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 3. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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