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Home Business

India to Continue Purchasing Russian Crude Oil: Report

by Nick Erickson
May 25, 2022
in Business
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India will continue to buy cheaper crude from Russia

NEW DELHI:

India will continue to buy “cheap oil” from Russia but has not finalized the terms of the rebate, a senior government official familiar with the matter said Wednesday.

The average price at which the world’s third-largest oil importer buys crude oil is above $100 a barrel, the government official said.

(Except for the headline, this story has not been edited by DailyExpertNews staff and has been published from a syndicated feed.)

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