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Crude Oil from Russia: India is trying to buy oil from Russia at a huge discount, will the prices of petrol and diesel come down now?

Crude Oil from Russia: India wants to buy oil from Russia at a price of less than $ 70 per barrel. India’s state refineries can take about 1.5 million barrels of oil a month. Whereas, private refineries like Reliance Industries and Nayara Energy usually buy their feedstock individually.

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