{"id":290832,"date":"2019-09-07T06:04:29","date_gmt":"2019-09-07T06:04:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=290832"},"modified":"2019-09-07T06:07:29","modified_gmt":"2019-09-07T06:07:29","slug":"india-eyes-us-oil-that-chinas-offering-amid-tariffs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-eyes-us-oil-that-chinas-offering-amid-tariffs\/","title":{"rendered":"India eyes US oil that China&#8217;s offering amid tariffs"},"content":{"rendered":"<p>An Indian state-owned refiner is mulling the purchase of American oil from Chinese sellers offering cargoes that would be hit by new tariffs on U.S. supplies.<\/p>\n<p>Bharat Petroleum Corp. is looking for opportunities to buy some U.S. crude diverted from their original destination of China, according to Refineries Director R. Ramachandran. He said the previously-reported purchase of up to two cargoes wasn\u2019t finalized.<\/p>\n<p>Beijing announced it would impose the 5% levies &#8212; the first ever Chinese tariffs on U.S. oil &#8212; on Aug. 23 and they took effect Sept. 1. Six tankers carrying about 12 million barrels of U.S. crude were on the way to China at the time of the announcement. At least one of those vessels arrived before the deadline, while another ship may have offloaded its cargo at a port near Qingdao before the tariffs took effect.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Indian state-owned refiner is mulling the purchase of American oil from Chinese sellers offering cargoes that would be hit by new tariffs on U.S. supplies. Bharat Petroleum Corp. is looking for opportunities to buy some U.S. crude diverted from their original destination of China, according to Refineries Director R. Ramachandran. He said the previously-reported purchase of up to two cargoes wasn\u2019t finalized. Beijing announced it would impose the 5% levies &#8212; the first ever Chinese tariffs on U.S. oil &#8212; on Aug. 23 and they took effect Sept. 1. Six tankers carrying about 12 million barrels of U.S. crude [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-290832","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/290832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=290832"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/290832\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=290832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=290832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=290832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}