IOC pauses oil sourcing talks with Russia's Rosneft |...

Dununu.com Dununu

Sponsor

IOC pauses oil sourcing talks with Russia's Rosneft

RSS Feed Business

Posted

118

IndianOil has paused term deal talks with Rosneft due to market dynamics, not government pressure, while increasing US energy imports to reduce the trade surplus. A five-year gas contract with Trafigura, benchmarked to US rates, signals potential American LNG shipments. Russian oil's share in IndianOil's crude mix decreased from 31% to 22%.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

US tariff effect: British carmaker Jaguar Land Rover trims FY26 margin forecast

Jaguar Land Rover (JLR) has significantly reduced its profit forecast due to global automotive...

By 0 0

NEET UG 2025 topper Mahesh Kumar: 8 things every aspirant can learn from him

By 0 12

Gifts from India: PM Modi visits Cyprus; gifts Kashmiri silk carpet, silver clutch purse to Cyprus President and First Lady

By 0 11

Here's Honey Singh lost 18 kilos in just one month

Rapper Honey Singh's remarkable weight loss journey has captured attention, shedding 18 kilos in...

By 0 11

Birgunj Customs collects Rs 158 billion in revenue in 11 months

BIRGUNJ: The Birgunj Customs Office has collected Rs 158.60 billion in revenue over the first...

By 0 20