[ad_1] China pips India in buying Russian oil! India is no longer the top buyer of seaborne Russian oil. The country has been forced to reject some cargoes of sea-borne Russian oil because of sanctions. China is now lapping oil from Russia at deeply discounted rates. In March, China outpaced …
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Russian oil losing competitive edge in India as prices rise – Times of India
[ad_1] India’s crude oil imports from Russia in November were the costliest in a year, government data show, reflecting lowering discounts on the fuel.Refiners in the world’s third-largest oil consumer paid an average of $85.90 a barrel for shipments from its largest supplier, up 1.8% compared with $84.46 in October. …
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