Russian oil exports to India, the world’s third-largest crude importer after China and the US, climbed to a record 1.62 million barrels per day (bpd) in February, The Hindu reported on Sunday, citing cargo tracker Vortexa. The numbers suggest that Russia is India’s largest crude supplier for the fifth straight month.
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Norilsk Nickel is selling its metal on the spot market in yuan using a mix of London and Shanghai prices in deals, the outlet reports Russian mining giant Norilsk Nickel is selling some of its metal to China in yuan at prices set in Shanghai in a sign of a reshape in global commodity trade,…
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