The refineries of the state of India reduce purchases of Russian oil - because of expensive transportation, the Iraqi oil costs them less material (information) that is produced and distributed by the foreign agent of the bell or relates to the activity of the foreign agent of the bell. 18+ Indian oil refineries are increasingly buying oil from the Persian Gulf countries and reducing imports from Russia, their main supplier, writes Bloomberg. According to the agency, some of the Iraqi shipments are sold at a discount of more than $25 per barrel to Dubai (the standard for oil from the Middle East) under loading conditions. Considering the shipment to India, this is a discount of several dollars per export with Brent (quoting physical shipments of oil from the North Sea). Russian oil is offered at a premium of about $2 for the same standard, so it is not profitable for Indians to buy it. "Due to the increase in cargo, we are not getting good offers from Russia," Vatza Ramakrishna Gupta, chief financial officer of state-owned Bharat Petroleum, told analysts on Monday. According to him, in November the company imports less oil from Russia than from the Gulf countries. The country's largest oil refinery and petrochemicals and Mangalore have also reduced their purchases of Russian oil. During the war in the Middle East, freight became more expensive for everyone. The average oil transportation rate in the world increased during the year from about $3 to more than $20 per barrel, and in the Middle East routes exceeded $35, Goldman Sachs calculated. Shipping Urals to Asia costs about $30 per barrel or more, according to Reuters calculations: the flight of a Suasmax tanker from the Black Sea to India at the beginning of October rose to a record of $27-30 million from $19 million in September. The difference is that the Gulf manufacturers cover the "astronomical" rates with discounts. Exports from the Middle East have recovered to near pre-war levels despite Iranian attacks on tankers. In addition, the Indian refineries send tankers for Iraqi oil, which they lease themselves.

The refineries of the state of India reduce purchases of Russian oil - because of expensive transportation, the Iraqi oil costs them less material (information) that is produced and distributed by the foreign agent of the bell or relates to the activity of the foreign agent of the bell. 18+ Indian oil refineries are increasingly buying oil from the Persian Gulf countries and reducing imports from Russia, their main supplier, writes Bloomberg. According to the agency, some of the Iraqi shipments are sold at a discount of more than $25 per barrel to Dubai (the standard for oil from the Middle East) under loading conditions. Considering the shipment to India, this is a discount of several dollars per export with Brent (quoting physical shipments of oil from the North Sea). Russian oil is offered at a premium of about $2 for the same standard, so it is not profitable for Indians to buy it. "Due to the increase in cargo, we are not getting good offers from Russia," Vatza Ramakrishna Gupta, chief financial officer of state-owned Bharat Petroleum, told analysts on Monday. According to him, in November the company imports less oil from Russia than from the Gulf countries. The country's largest oil refinery and petrochemicals and Mangalore have also reduced their purchases of Russian oil. During the war in the Middle East, freight became more expensive for everyone. The average oil transportation rate in the world increased during the year from about $3 to more than $20 per barrel, and in the Middle East routes exceeded $35, Goldman Sachs calculated. Shipping Urals to Asia costs about $30 per barrel or more, according to Reuters calculations: the flight of a Suasmax tanker from the Black Sea to India at the beginning of October rose to a record of $27-30 million from $19 million in September. The difference is that the Gulf manufacturers cover the "astronomical" rates with discounts. Exports from the Middle East have recovered to near pre-war levels despite Iranian attacks on tankers. In addition, the Indian refineries send tankers for Iraqi oil, which they lease themselves.