{"id":497138,"date":"2022-06-08T11:42:15","date_gmt":"2022-06-08T06:12:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497138"},"modified":"2022-06-08T11:42:15","modified_gmt":"2022-06-08T06:12:15","slug":"limited-discounts-on-russian-oil-for-indian-refiners","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/limited-discounts-on-russian-oil-for-indian-refiners\/","title":{"rendered":"Limited discounts on Russian oil for Indian refiners"},"content":{"rendered":"<p>Indian refiners are receiving lower discounts on Russian oil compared to European counterparts following the EU directive in March that bars European traders from supplying to non-European customers.<\/p>\n<p>Since the outbreak of the Ukraine war, Indian state-run and private refiners have significantly raised their intake of Russian oil that\u2019s been selling at a deep discount to the global benchmarks. But average discounts availed by Indian refiners on a delivered basis have been in the range of $10 per barrel, much lower than what is believed to be availed by refiners in Europe, said oil industry executives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian refiners are receiving lower discounts on Russian oil compared to European counterparts following the EU directive in March that bars European traders from supplying to non-European customers. Since the outbreak of the Ukraine war, Indian state-run and private refiners have significantly raised their intake of Russian oil that\u2019s been selling at a deep discount to the global benchmarks. But average discounts availed by Indian refiners on a delivered basis have been in the range of $10 per barrel, much lower than what is believed to be availed by refiners in Europe, said oil industry executives.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-497138","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=497138"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497138\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}