India’s Russian oil buying spree continues even as prices climb

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Indian buyers will continue to purchase crude oil from Russia. Price continues to serve as the primary determinant. Official statistics reveal that in June, the mean expense of Russian crude oil, inclusive of freight charges upon arrival at Indian ports, stood at $68.17 per barrel – marking the lowest point since Moscow's intervention in Ukraine.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/w0TDBNf

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