Indian Oil faces decline in Russian oil imports in this fiscal year

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IOC will purchase oil from its term supplier and other markets to make up for the shortfall, he said."There is no dearth of oil," he said, adding that IOC would buy Russian oil only if available at reasonable discounts.

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Category: BusinessFinance

Markets: IndiaUkraine

Topics: Indian Oil Russian oil Oil production Indian Oil Corporation Indian Oil corp

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 14:59:35 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 309 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 31 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 25570420

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Official Website: business-standard.com

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