19 June 2012 07:35 [Source: ICIS news]
SINGAPORE (ICIS)--Russian oil giant Rosneft plans to increase its Group I base oil supply to ?xml:namespace>
Out of the 8,000 tonnes, all produced at the company’s
Rosneft cut its June exports to
The prices of Rosneft supplies for June and July are expected to drop as the domestic prices of Group I base oils in China have been falling since late May, major Chinese traders of Russian oil said.
The prices of Rosneft's low-viscosity cargoes to
Some China-based traders are willing to take Russian product if Rosneft reduces its July offer, the traders added.
Rosneft supplied about 7,900 tonnes of Group I base oils to
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