India to buy 'cheap' Russian oil, discount to be finalised: Report

The average price at which the world's third largest oil importer buys crude is above $100 a barrel, the Indian government official said.

Reuters

Published:25th May, 2022 at 8:20 PM

NEW DELHI: India will continue to buy "cheap oil" from Russia but has not finalised terms of the discount, a senior government official familiar with the matter said on Wednesday.

The average price at which the world's third largest oil importer buys crude is above $100 a barrel, the government official said.

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India to buy 'cheap' Russian oil, discount to be finalised: Report

The average price at which the world's third largest oil importer buys crude is above $100 a barrel, the Indian government official said.

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