Russian oil sold to India below the price cap of $60 a barrel

Описание: Russia's flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports. The dominant buyer India has bought barrels at well below a $60 price cap agreed by the West, Reuters’ sources said.The European Union ban on imports of Russia's seaborne oil from Dec 5 has driven Moscow to seek alternative markets, mainly in Asia, for about 1 million barrels per day.Since Russia began its invasion of Ukraine in February, India has become the main outlet for seaborne cargoes of Urals crude.

#Russia #Russianoil #India

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