India's Cheap Russian Oil Era Narrows

India’s Cheap Russian Oil Era Narrows

Russian crude in India’s imports mix slips to new level

By: Tim Daiss

India’s multi-year windfall from discounted Russian crude may be entering a more constrained phase, partly as major Indian refiners have grown more cautious over enforcement action against so-called “ghost” tankers carrying Russian cargoes. According to tanker tracking and market pricing data reported by Reuters and commodity intelligence f…

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