Russia has said it will not abide by the cap even if it has to cut production. | Photo Credit: AP Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports, and dominant buyer India has bought barrels at well below a $60 price cap […]
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An oil tanker is moored at the Sheskharis complex, part of Chernomortransneft JSC, a subsidiary of Transneft PJSC in Novorossiysk, Russia. File | Photo Credit: AP India will continue buying Russian oil because sanctions allow purchases provided that Western services are not used, an Oil Ministry source said on Friday. The comment comes a day […]
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