Russia muscles in on Indian oil market at expense of OPEC titans

Russia muscles in on Indian oil market at expense of OPEC titans

IndiaTimes

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Deprived of many of its traditional European buyers, Moscow is on course to deliver somewhere between 1 million and 1.2 million barrels a day to India, according to tanker tracking figures compiled by Bloomberg and two oil analytics firms. Refiners in India have been gorging on cheap Russian barrels in a way they never did before the invasion of Ukraine.

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