Russia Forced to Sell Oil at Discount as Pressure Mounts

India is reducing its imports of Russian crude oil, and with the EU's ban on Western tanker services, Moscow's already strained budget situation is expected to worsen, forcing Russia to sell its oil at lower prices.

23 Feb, 04:30 — 23 Feb, 04:30

Post Share

ℹOnly 1 source covers this story

Read at source (1 outlet)

nzz3h ago

Der Druck auf Moskau steigt: Russland muss sein Erdöl zu Billigpreisen verkaufen

Indien drosselt seine Importe von russischem Rohöl. Mit dem EU-Verbot westlicher Tankerdienste dürfte sich die angespannte Haushaltlage in Moskau noch verschärfen.

Read full article →

PERSPECTA

PERSPECTA

Russia Forced to Sell Oil at Discount as Pressure Mounts

Read at source (1 outlet)

Der Druck auf Moskau steigt: Russland muss sein Erdöl zu Billigpreisen verkaufen

Related Stories

Saudi Aramco sells first Jafurah condensate cargoes to Chevron, Exxon, and Indian Oil - report

Oil drops as US and Iran prepare for further nuclear talks

Discussion on Wage Fairness and Overpaid Occupations

What happens to India’s Russia oil imports and target of $500 billion imports from U.S.?

PERSPECTA