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Russian oil

News Reports

India saved at least USD 7 billion in foreign exchange in 14 months by importing discounted Russian crude oil

OpIndia Staff -
Indiam refiners saved over USD 7 billion in foreign exchange by increasing crude oil imports from Russia
News Reports

Bharat Petroleum holds negotiations with Russia’s Rosneft to buy discounted crude oil priced on the Dubai benchmark

OpIndia Staff -
Indian state-run refiner, BPCL in talks with Russia's Rosneft to buy discounted crude pegged with Dubai benchmark.
News Reports

Not Russian anymore as per EU Council regulation: S Jaishankar after EU called for action against India for reselling Russian oil

OpIndia Staff -
S Jaishankar said once Russian oil is refined in a third country, it is no longer considered as Russian oil as per EU Council Regulation 833/2014
News Reports

Ukrainian FM Dmytro Kuleba blames India for purchasing cheap Russian oil, says it should extensively help Ukraine as a ‘balancing act’

OpIndia Staff -
".. as a balancing act you begin to support Ukraine more heavily in a more extensive way because you understand that you enjoy the benefit of buying cheap Russian oil because someone in Ukraine is dying," Ukrainian FM Dmytro Kuleba said.
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