Reliance Industries reduced the share of Russian crude in its oil imports to 43% in October from 56% in September, The Economic Times reported. The company's Russian oil purchases dropped about 24% month-on-month to 5,34,000 barrels per day. The decline follows US sanctions on Russian oil majors Rosneft and Lukoil and continued US pressure on India over Russian oil imports.
short by
Garima Garg /
03:26 pm on
05 Nov