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Firms eye Russian oil at heavy discounts
Financial Express Kochi
|August 15, 2025
Oil Turmoil
STATE-RUN REFINERS HAVE started making enquiries with trading firms about purchases of Russia's Urals crude oil as discounts widen, three people with knowledge of the matter said on Thursday, ahead of a high-profile meeting of US and Russian leaders on Friday.
Indian Oil, Hindustan Petroleum, Bharat Petroleum and Mangalore Refinery Petrochemical paused Russian oil purchases last month as discounts narrowed.
Dit verhaal komt uit de August 15, 2025-editie van Financial Express Kochi.
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