Tuesday, August 19, 2025

U.S. Oil Lures Fastest Growing Guzzler as Arbitrage Opens Up

From Bloomberg A type of U.S. crude pumped in the Gulf of Mexico is proving to be more attractive in the fastest-growing oil market compared with Middle East staples that are on offer. Indian Oil Corp., the nation’s largest refiner, has bought Mars Blend crude for arrival in October to the South Asian nation, according to Arun Kumar Sharma, the