Rosneft reportedly sold 700,000 tons of Urals to an Indian refining major Russia’s state-run oil giant Rosneft has reportedly sold a large shipment of crude to India as the South Asian nation keeps boosting energy imports from the sanctions-hit country. Indian Oil Corp (IOC), the country’s top refiner, purchased 700,000 tons of Russian Urals crude, two traders familiar with the matter told Reuters, adding that Rosneft had allocated seven cargoes loading from the Baltic ports of Primorsk and Ust-Luga between May 15 and 31 to India. Shipments of Urals crude to India have risen since the launch of Russia’s military o
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