India Seeks Even More Russian Oil
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India’s demand for cheap Russian crude is insatiable as some of the largest Indian refiners are looking to negotiate six-month supply deals with Russia’s oil giant Rosneft at a time when Western buyers avoid dealing with Moscow’s crude, sources with knowledge of the Indian firms’ plans told Bloomberg on Monday. State-owned refiners Indian Oil Corporation, Hindustan Petroleum, and Bharat Petroleum, and private firms including conglomerate Reliance Industries, as well as partly-Rosneft-owned Nayara Energy, are among those…
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