Limited discounts on Russian oil for Indian refiners - Economic Times

6/7/2022 12:00:00 AM2 years 11 months ago
by Sanjeev Choudhary
by Sanjeev Choudhary
Since the outbreak of the Ukraine war, Indian state-run and private refiners have significantly raised their intake of Russian oil that's been selling at a deep discount to the global benchmarks.
Indian refiners are receiving lower discounts on Russian oil compared to European counterparts following the EU directive in March that bars European traders from supplying to non-European customers.… [+3057 chars]
full article...