Stock fall not linked to reports of Russian oil imports: RIL

NEW DELHI: Reliance Industries informed the BSE on Tuesday that there was no linkage between the fall in its share price and the news report on Russian oil imports, and that it had not purchased any crude from Russia for delivery in January.

Bloomberg had earlier reported that at least three tankers carrying nearly 2.2 million barrels of Urals crude (a grade of Russian oil) were headed towards the Sikka port, from where RIL’s Jamnagar refinery sources a significant portion of its oil imports.

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