Thursday, March 17, 2022

Discount shopping: PSU refiners stock up on cheap Russian crude

Indian Oil purchased 3 million barrels of Russian oil a few days ago. All purchases have been made from traders in the spot market, with expected delivery in May-June. These purchases are unlikely to face any payment trouble as the sellers are non-Russian entities.

from Energy-Industry-Economic Times https://ift.tt/K04ks5q

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