Russia has no extra oil to sign deals with two Indian buyers: Report
Updated: 09 Jun 2022, 11:42 AM IST
TL;DR.IOC, the country's top refiner, has signed a deal with Rosneft that will see it buy 6 million barrels of Russian oil every month, with an option to buy 3 million barrels more. The other two refiners' requests have since been turned down by the Russian producer.
Indian sources said Russian oil is no longer available at deep discounts and they get fewer offers for sale on a Delivered At Port (DAP) basis.