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India, China growing markets for shunned Russian oil


Key paragraph:
Since Russia's invasion of Ukraine in late February, global oil prices have soared, giving refiners in India and other countries an added incentive to tap oil Moscow is offering them at steep discounts of $30 to $35, compared with Brent crude and other international oil now trading at about $120 per barrel.

Posted by: Fred 2022-06-14
http://www.rantburg.com/poparticle.php?ID=635700