IOC to buy 2 MT Russian crude oil

The annual oil purchase deal with Rosneft, Russia’s state-run oil giant, came after months of negotiations, people said. Two other state-run refiners, Hindustan Petroleum and Bharat Petroleum, too are in talks with Rosneft to close annual crude deals for relatively smaller quantities, they said.

from Energy-Industry-Economic Times https://ift.tt/2RBIxik