Indian refiners shift to delivered crude as freight costs squeeze margins

Indian refiners are shifting toward delivered crude as war-risk shipping costs erode discounts. That can pressure margins and…

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In this short

  • FUEL POLICY Indian refiners face a freight squeeze Shipping costs are reshaping crude buying and raising future fuel-cost risk.
  • WHAT CHANGED Crude buying shifts to delivered costs Refiners are comparing landed economics as freight and insurance become more volatile.
  • THE NUMBER Gulf freight is sharply higher $10-$11/bbl The latest report gives this range for Gulf-to-India tanker freight.
  • DRIVER IMPACT No pump-price hike announced This is a cost-pressure signal, not a dated retail-fuel notification.
  • READ THE FULL STORY See what drivers should watch Understand how freight costs can affect refinery margins and future fuel risk.
  • READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.

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