The price of oil in India has reached a record high amid growing demand for the Urals grade, reports Bloomberg. On Friday, the price of Urals oil on the west coast of India reached $98.93 per barrel. This price, including the cost of del...

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...ivery, is the highest since redirected oil exports to India after the invasion of in early 2022. And the discount has decreased to $4.80 per barrel compared to the global benchmark Dated Brent. This is the lowest level of the discount in more than four months.

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