India wants Russia to discount its oil to below $70 a barrel - Moneycontrol

5/4/2022 12:00:00 AM2 years 11 months ago
by Saurav Mukherjee
by Saurav Mukherjee
State-owned and private refiners in the world’s third-biggest oil importer have bought more than 40 million barrels of Russian crude since the invasion of Ukraine in late February.
India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn away, according to people with knowledge of the matter. The … [+2562 chars]
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