India's Russian crude imports hit record high in June
India's Russian crude imports hit record high in June as discounts widen. Refiners like Reliance and IOC imported over 1 million barrels per day, up 40% MoM. Steeper discounts on Urals crude boosted profitability. Refinery throughput and export margins likely to improve.
📊 STOCKS: RELIANCE, IOC | 🏢 SECTOR: Energy | #HIGHIMPACT #CrudeOil
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