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Latin American oil gains ground in India at Mideast expense | Hellenic Shipping News Worldwide

Latin American crude gained ground in India’s oil imports in September, with its share rising to an 11-month high as buyers replaced costlier Middle Eastern grades, data from industry sources showed. Refiners in India, the world’s third biggest oil importer and consumer, have been diversifying their crude sources and cutting dependence on annual oil purchase . ....

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