India strives to cash in on cheap Russian crude – media ...News

Russia Today - Economy
India strives to cash in on cheap Russian crude – media
source : Russia Today ( News ) () 21
Maintenance work at the world’s biggest oil refining complex has been postponed to process more discounted crude from Russia Indian refining giant Reliance Industries has shelved plans for repair operations at the world’s biggest oil refining complex as the company is striving to churn out more oil products since the margins on them have recently surged to three-year highs, Bloomberg reports. The company has been purchasing discounted cargoes of oil from Russia after European buyers opted to shy away from Russian crude, sending margins on products such as diesel and naphtha soaring. In January-March, the margin on

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