Lates News

According to the media, the bidding documents show that Indian oil refiner Nayara Energy has modified the terms of payment for spot sales of naphtha, requiring buyers to prepay or provide a letter of credit, with the goods scheduled to be shipped in mid-August. According to industry reports and LSEG ship tracking data, an oil tanker chartered by BP left the Vadinar port in India on Sunday without loading Nayara's ultra-low sulfur diesel. Ship brokers revealed to the media on Tuesday that the order was cancelled after the EU sanctions.