Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday, sending oil into New Delhi: Russian oil and gas giant Rosneft today signed a contract with India’s largest fuel retailer Indian Oil Corporation (IOC) for supply of 2 million tonne (MT) crude oil to India by end 2020, Rosneft said in a statement. It cut the April OSP of its Arab light crude oil to the United States to a discount of $3.75 per barrel versus ASCI, down $7 a barrel from March. LONDON – Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday, sending oil into a tailspin. State oil giant Saudi Aramco has set its Arab light crude oil to Asia for April at a…
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The pact was signed in the presence of Indian Petroleum Minister minister Dharmendra Pradhan and Rosneft CEO and Chairman Igor Sechin. The supply arrangement between IOC and Rosneft is expected to be followed by similar crude oil supply arrangement being worked out by other government-owned companies, Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL). Russian oil and gas giant Rosneft signed a contract with Indian Oil Corporation (IOC) for supply of 2 million tonnes (MT) crude oil to India by end 2020, Rosneft said in a statement. This would be the first such contract signed by a state-owned oil marketing company with Rosneft. DUBAI, March 7- Saudi Arabia slashed its official selling price for April for all its crude grades to all destinations, after OPECs oil supply cut pact with Russia fell apart on Friday, sending DUBAI (Reuters) - Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday DUBAI, March 8 (Reuters) - Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday, sending oil into
8 Mar 2020 “Russia's refusal to support emergency supply cuts would effectively and fatally undermine OPEC+'s ability to play the role of oil price stabilising
Russian oil and gas giant Rosneft signed a contract with Indian Oil Corporation (IOC) for supply of 2 million tonnes (MT) crude oil to India by end 2020, Rosneft said in a statement. This would be the first such contract signed by a state-owned oil marketing company with Rosneft. DUBAI, March 7- Saudi Arabia slashed its official selling price for April for all its crude grades to all destinations, after OPECs oil supply cut pact with Russia fell apart on Friday, sending DUBAI (Reuters) - Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday DUBAI, March 8 (Reuters) - Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday, sending oil into Rosneft-IOC ink crude supply pact; India, Russia discuss BPCL New Delhi, Feb 5 : Russian oil major Rosneft inked a pact with India's largest fuel retailer Indian Oil Corporation (IOC) on Wednesday