Indian firms won't buy Rosneft or Lukoil crude via traders, government source says

Indian companies have decided to stop purchasing crude oil from traders supplying Rosneft and Lukoil after the two major Russian producers were placed under U.S. sanctions, a government source said on Tuesday. The official added that it is uncerta...

Indian companies will not buy Rosneft or Lukoil crude oil supplied by traders after the two top Russian producers were hit by U.S. sanctions, an Indian government source said on Tuesday.

It is difficult to predict when Indian companies will place new orders for Russian oil, added the source, who declined to be named due to the sensitivity of the matter.
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Business News › Industry › Energy › Oil & Gas › Indian firms won't buy Rosneft or Lukoil crude via traders, government source says
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