يحاول ذهب - حر
Russian oil discounts rise as refiners shun Rosneft, Lukoil
November 19, 2025
|Mint Mumbai
The discounts have increased from $1.7-4 in October to $5-6 per barrel in the past fortnight
In FY25, Rosneft and Lukoil accounted for about 60% of Russia's total oil exports to India of 88 million tonnes.
(REUTERS)
Discounts on Russian oil have jumped in less than a month as buyers shun oil from sanctioned entities Rosneft and Lukoil.
International buyers avoided Russia after its invasion of Ukraine in 2022, prompting Moscow to offer discounts close to $30 per barrel. Discounts in October, when India and China stepped up purchases, were in the range of $1.7-4 per barrel. They have now increased to $5-6 in the past fortnight, two industry executives said.
"As offtake of Russian oil has dipped, suppliers are increasing the discounts on offer, and are expected to rise further with the sanctions on Rosneft and Lukoil coming into effect," one of the people cited above said on the condition of anonymity.
هذه القصة من طبعة November 19, 2025 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Mumbai
Mint Mumbai
This year’s PF payout is good news for workers
The Employees’ Provident Fund Organisation has held its interest rate unchanged at 8.25% despite policy rate cuts over the year by the Reserve Bank of India. And for good reason too
2 mins
March 04, 2026
Mint Mumbai
AI developers should shrug off intellectual property leakages
Anthropic’s complaint against three Chinese labs illustrates why
3 mins
March 04, 2026
Mint Mumbai
A ‘FIGHT ABOUT VIBES’ DROVE THE PENTAGON’S BREAKUP WITH ANTHROPIC
The AI giant’s CEO Amodei and Defense Secretary Hegseth have contrasting personalities and worldviews. They proved difficult to reconcile
9 mins
March 04, 2026
Mint Mumbai
Japan in talks with India for Rajasthan rare earth mining
Japan is in talks with India to jointly explore rare earth deposits in the desert state of Rajasthan, two people familiar with the discussions said, as Tokyo seeks to reduce reliance on China for supplies critical to magnet manufacturing.
1 mins
March 04, 2026
Mint Mumbai
U.S. success against Iran could be a game changer for world oil security
Here are countless ways the U.S. and Israeli attack on Iran could go wrong.
3 mins
March 04, 2026
Mint Mumbai
War meets peak OMC earnings
The market’s reaction to the joint US-Israel strikes on Tran wasn’t exactly subtle.
2 mins
March 04, 2026
Mint Mumbai
Allu Arjun row: going viral comes at a cost for celebrities
The controversy involving actor Allu Arjun taking legal action against a brand strategist over remarks made on a podcast has highlighted a growing challenge for celebs: reputational risk in the age of short-form videos, and Al-generated content.
2 mins
March 04, 2026
Mint Mumbai
US-Iran war puts tourism stocks under pressure
The US-Iran war could weigh on tourism-related stocks, as rising crude oil prices push up operating costs and security concerns dampen travel.
1 mins
March 04, 2026
Mint Mumbai
Cargo agents seek relief as war grounds shipments at airports
India's air cargo agents have urged the government to step in and provide relief to exporters hit by flight disruptions caused by the escalating war between Iran and the US, which has led to widespread airspace closures across parts of West Asia.
1 mins
March 04, 2026
Mint Mumbai
AIF reset: greater flexibility, more risk for retail investors
New norms expand private-market access but deepen concentration and liquidity trade-offs
3 mins
March 04, 2026
Listen
Translate
Change font size