India's Reliance is to shut a crude unit and other components at the 660k BPD Jamnagar refinery for maintenance.
Context
Reliance's decision to halt operations at a key crude unit in its Jamnagar refinery indicates potential near-term supply disruptions in the oil market, particularly for WTI and Brent. This maintenance could lead to tighter supply conditions, influencing prices upward, depending on the duration of the shutdown and the refinery’s significance in the overall supply chain.
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