Indian refiners can do without Russian oil, but with trade-offs

Indian refiners can do without Russian oil, but with trade-offs https://www.taxtmi.com/news?id=52068 Indian refiners can technically operate without Russian crude, but replacing discounted medium sour Russian barrels will shift yields toward lower middle distillates and higher residues, erode refining margins, increase feedstock, freight and credit costs, and strain fiscal balances. Limited storage and term contracts constrain flexibility. A multi regional replacement-primarily Middle Eastern barrels with US and African/LatAm fillers-will be operationally complex and reduce diesel output relative to domestic demand. en-us Sun, 10 Aug 2025 12:01:04 +0530 Sun, 10 Aug 2025 12:01:04 +0530 TaxTMI RSS Generator Indian refiners can do without Russian oil, but with trade-offs https://www.taxtmi.com/news?id=52068 Indian refiners can technically operate without Russian crude, but replacing discounted medium sour Russian barrels will shift yields toward lower middle distillates and higher residues, erode refining margins, increase feedstock, freight and credit costs, and strain fiscal balances. Limited storage and term contracts constrain flexibility. A multi regional replacement-primarily Middle Eastern barrels with US and African/LatAm fillers-will be operationally complex and reduce diesel output relative to domestic demand. News - Sun, 10 Aug 2025 12:01:04 +0530 https://www.taxtmi.com/news?id=52068