{"id":609907,"date":"2023-10-12T09:46:15","date_gmt":"2023-10-12T04:16:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=609907"},"modified":"2023-10-12T10:15:01","modified_gmt":"2023-10-12T04:45:01","slug":"russian-oil-price-to-india-for-august-hits-highest-since-december","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/russian-oil-price-to-india-for-august-hits-highest-since-december\/","title":{"rendered":"Russian oil price to India for August hits highest since December"},"content":{"rendered":"<p>The average price of Russian oil delivered to India in August rose to the highest level since G-7 nations imposed a price cap in December last year, Indian government data showed, indicating narrowing discounts. <\/p>\n<p>India received Russian oil at an average price of about $86 per barrel, compared to $68.09 per barrel in July and $94 in August 2022 before the cap was imposed, according to Reuters&#8217; calculations based on the latest data posted on the Indian Trade Ministry&#8217;s website. <\/p>\n<p>Refiners in India largely buy Russian oil on a delivered basis, with sellers arranging for shipping and insurance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average price of Russian oil delivered to India in August rose to the highest level since G-7 nations imposed a price cap in December last year, Indian government data showed, indicating narrowing discounts. India received Russian oil at an average price of about $86 per barrel, compared to $68.09 per barrel in July and $94 in August 2022 before the cap was imposed, according to Reuters&#8217; calculations based on the latest data posted on the Indian Trade Ministry&#8217;s website. Refiners in India largely buy Russian oil on a delivered basis, with sellers arranging for shipping and insurance.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-609907","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609907","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=609907"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609907\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=609907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=609907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=609907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}