Oil PSUs readying to buy discounted Russian crude Posted on March 17, 2022 by cngpump Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions on Russia for its invasion of Ukraine, the people cited earlier said. Related posts: Ukraine crisis: India in talks to buy discounted Russian crude oil Indian Oil buys 3 million barrels Russian Urals crude via tender India hopes for oil from Iran, Venezuela; higher output from OPEC+ to cool prices India taking up Russian discounted oil offer will not be US sanctions violation, says White House US President Biden announces ban on Russian oil and gas imports Crude oil price extends losses; Russia to fulfil supply contracts Crude oil shoots higher on US Russian oil ban, Asian shares stabilise EU to phase out Russian energy, offer Ukraine support but no fast-track membership Russian natural gas flows steady on key pipelines to Europe Oil deal with Russia to go through soon, sources say