More US, Venezuelan crude to flow into India? Refiners asked to prioritize these oil grades

 Practical constraints limit the scale at which Indian refiners can replace existing supplies with oil from the United States or Venezuela. US crude is typically light and sweet, meaning it has lower sulphur content, while many Indian refineries are configured to process medium-grade crude. Practical constraints limit the scale at which Indian refiners can replace existing supplies with oil from the United States or Venezuela. US crude is typically light and sweet, meaning it has lower sulphur content, while many Indian refineries are configured to process medium-grade crude.