HomeEconomyIndia becomes top buyer...

India becomes top buyer of Russian oil – Reuters

After the introduction of Western sanctions, Asian countries filled the niche left by European buyers, the agency wrote.

India has been a leading buyer of Russian Urals oil for several months now. Reuters reported this on February 7.

function news4533336() {
$.get(‘//’ + window.location.host + ‘/ajax/module.aspx?spm_id=444&id=4533336&lang=2&IsAjax=true’, function (data) { $(‘#nk4533336’).html(data); });
}

news4533336();

It was noted that the country filled the niche left by European buyers after the introduction of anti-Russian sanctions. About 70% of the Urals shipped in January were shipped to India.

At the same time, Moscow became New Delhi’s largest supplier of oil, replacing Iraq.

As the CEO said Rosneft Igor Sechin, speaking at an energy conference in India, today the price of Russian oil will be set outside Europe.

“If Russian oil does not go to the European market, then there will be no reference price. Reference prices will be formed where the amount of oil actually goes,” he stressed.

As the agency pointed out, amid the tightening of sanctions, the average price for Russian Urals oil in January was $49.48 per barrel, which is 42% lower than in January 2022.

It will be recalled that on December 5, 2022, a ban on the import of oil from the Russian Federation by sea was implemented.

In addition, more than 30 countries around the world have set a price ceiling for oil from Russia at $60 per barrel.

In Russia, oil and gas revenues fell 46%

news Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Edge Createrly New Barage in the Harkov region – DeepVestate (MAP)

New shares of Russian troops were recorded in the Kharkiv region. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Since the invaders record unsuccessful attacks on bridges along the Oskil...

Thoucoff has a statement about their statement about the “Russian” regions of Ukraine

US President Donald Trump Special supporter Steve Vitkoff commented on his statement that residents of Donetsk, Lugansk, Kherson and Drops were voted for the “referendum” for joining Russia. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle...

The Russian Federation was the same as to pay volunteers from a lack

The Russian dictatorship is trying to recruit people for the war against Ukraine. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Since the beginning of this year, Russia has significantly...

Breed a program in the detachment

The explosion was in the Odessa region. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The event took place on Sunday, March 23. At the site of the incident, a...