India to continue buying ‘cheap’ Russian oil, discount to be finalised: source Posted on May 26, 2022 by cngpump “We will get cheap oil from Russia,” the government official told reporters on Wednesday, adding that the average price at which the world’s third largest oil importer buys crude is currently above $100 a barrel. Related posts: India’s Reliance buys at least 15 million barrels of Russian oil: traders Discount shopping: PSU refiners stock up on cheap Russian crude China’s independent refiners secretly buying Russian oil at steep discount India: Sudden halt to Russian oil imports would hurt citizens India not considering buying Russian oil in Rupee: Minister How Vladimir Putin’s war ended Narendra Modi’s cheap natural gas dream Record fuel price hike due to spike in oil prices during last couple of weeks: FM Some Indian refiners set to cut May Saudi oil, snap up Russian barrels OPEC share of India’s oil imports steadies after six-year slump World Bank President Malpass welcomes India’s move of selling oil from its stockpiles