India Open to Buying Russian Oil Beyond G-7 Price Cap Due to OPEC+ Cuts
India Eyes Buying Russian Crude Above Price Cap Amid OPEC+ Output Cut
India To Buy More Russian Crude
Brent crude, a benchmark of oil prices in Europe and Asia, is hovering around $75. Prices have slumped as Western economies have been hit by recession fears and so demand has fallen.
Reliance Increases Fuel Imports: Buys Russian Crude
Reliance Industries , world’s largest refinrefining complex operator, is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports, Refinitiv’ trade flows data showed. Western sanctions in opposition to Russia over its invasion of Ukraine have led to an emergence of uncommon commerce routes for Russian crude and …
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Indian gain with no pain: Discounted Russia crude with Rs 35,000 crore profit
On the latest side-lines of the SCO Summit in Uzbekistan, the good news displays the bond strong between India and Russia. Discounted Russia crude proves to be a direct gain of Rupees 35,000 crore for India. In the case of the estimated Indian gain of Rs 35,000 crore, the credit goes to Russia. India’s importing …
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