As Oil Consolidates Higher, Russia Finds India as a Buyer of Oil
Posted on 03/15/2022
Indian Oil Corporation is India’s top refiner. Indian Oil Corporation bought 3 million barrels of Russian Urals from trader Vitol for May delivery. This is the oil company’s first purchase of the grade since Russia invaded Ukraine on February 24, 2022. Indian Oil Corporation said in late February it would buy Russian oil on delivered…