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Russia shifts to Dubai benchmark in Indian oil deal: Report

The decision by the two state-controlled companies to abandon the Europe-dominated Brent benchmark is part of a shift of Russia#39;s oil sales towards Asia after Europe shunned Russian oil following Russia#39;s invasion of Ukraine more than a year ago.

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​ The decision by the two state-controlled companies to abandon the Europe-dominated Brent benchmark is part of a shift of Russia#39;s oil sales towards Asia after Europe shunned Russian oil following Russia#39;s invasion of Ukraine more than a year ago. The decision by the two state-controlled companies to abandon the Europe-dominated Brent benchmark is part of a shift of Russia#39;s oil sales towards Asia after Europe shunned Russian oil following Russia#39;s invasion of Ukraine more than a year ago.  Moneycontrol Latest News Read More  

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