{"id":610549,"date":"2023-10-16T12:06:58","date_gmt":"2023-10-16T06:36:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=610549"},"modified":"2023-10-16T12:06:58","modified_gmt":"2023-10-16T06:36:58","slug":"discounts-offered-on-russian-crude-oil-double-in-2-months","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/discounts-offered-on-russian-crude-oil-double-in-2-months\/","title":{"rendered":"Discounts offered on Russian crude oil double in 2 months"},"content":{"rendered":"<p>Discounts on Russian oil imported by India have nearly doubled in the past two months to $8- 10 per barrel as state refiners mounted pressure on suppliers and reduced their intake from Russia for a while, according to people familiar with the matter.<\/p>\n<p>Expanding discounts have boosted imports, increasing Russian oil\u2019s share in India\u2019s overall crude imports to 38% in September from 33% in August. Imports of Russian oil by state-run refiners surged a quarter in September after falling 30% in August. State refiners account for two-thirds of Russian imports. State refiners are taking Russian oil almost entirely from non-Russian entities to extract better discounts and avoid payment troubles, said the people.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discounts on Russian oil imported by India have nearly doubled in the past two months to $8- 10 per barrel as state refiners mounted pressure on suppliers and reduced their intake from Russia for a while, according to people familiar with the matter. Expanding discounts have boosted imports, increasing Russian oil\u2019s share in India\u2019s overall crude imports to 38% in September from 33% in August. Imports of Russian oil by state-run refiners surged a quarter in September after falling 30% in August. State refiners account for two-thirds of Russian imports. State refiners are taking Russian oil almost entirely from non-Russian [&hellip;]<\/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-610549","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\/610549","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=610549"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610549\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=610549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=610549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=610549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}