Rosneft and Reliance Industries have reportedly clinched a one-year deal India’s largest private corporation Reliance Industries and the Russian company Rosneft have signed a one-year contract for monthly supplies of up to three million barrels of oil that will be paid for in rubles, Reuters reported on Tuesday, citing sources familiar with the issue. Reliance Industries will reportedly buy two shipments of Urals crude, with the option to purchase four more each month at a discount of $3 per barrel to the Middle East Dubai benchmark. The operator of the world’s biggest refining complex, located in Jamnagar, is als
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