Oil transfers off India's west coast surge as Gulf shipping congestion worsens
Gulf oil producers are pushing tanker transfers as far as India’s coast and slashing prices to keep crude flowing to Asia, as the makeshift export network around Hormuz buckles under congestion and attack . Ship-to-ship transfers in India's Gulf of Kutch reached 82 cargoes in September, equivalent to about 680,000 barrels a day, according to shipping analytics company Vortexa. Refined products…
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