industry

Russian oil purchases could rise as global oil prices ease – official



India’s purchases of Russian oil could rise due to easing global oil prices, a senior government official said on Friday.

A retreat in crude prices will bring down the price of Russian oil to below $60 a barrel cap imposed by G7 nations, the official said.

This would help India, the world’s third biggest crude importer, to buy more from Russia, the official told reporters on condition of anonymity.



READ SOURCE

Readers Also Like:  Dancing with the Stars fans in tears after huge redesign to honour Len Goodman after death

This website uses cookies. By continuing to use this site, you accept our use of cookies.