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India Emphasizes Trade with Rosneft Oil to Stabilize Oil Prices Amid OPEC+ Output Cuts and Saudi Arabia's Decision

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Published Feb 9, 2024, 02:08 PM

India's oil minister and state-owned companies are emphasizing the importance of trade with Russia to keep oil prices stable. India is in talks with Rosneft Oil for long-term deals, seeking clauses to protect from payment issues. Additionally, India is not worried about OPEC+ output cuts and Saudi Arabia's decision not to expand production capacity.

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#India #Russia #Rosneft Oil #Saudi Arabia

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Bloomberg Markets

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India’s oil minister says the country isn’t concerned about OPEC+’s output cuts and Saudi Arabia’s recent decision not to expand production capacity https://t.co/EyIYFQmwYq

Giovanni Staunovo🛢

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#India’s State Oil Refiners In Talks With Rosneft Over Term Deals All three players are negotiating with the Russian producer India wants clauses to protect from trouble with payments #oott #Russia https://t.co/dBOiDfeMV2

Bloomberg Markets

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All three of India’s state oil refiners are in talks with Rosneft Oil to secure long-term deals for Russian crude https://t.co/B8CwepCaSP

India Emphasizes Trade with Rosneft Oil to Stabilize Oil Prices Amid OPEC+ Output Cuts and Saudi Arabia's Decision

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