Pawan Jury BhilwaraRj
Rahul Mehta Gandhinagar LsCandidate:
Russia wants to sell oil to Bharat. But all bharatiya companies except usuk owned reliance and russia owned comoany buys from Saudi Arabia. Most bharatiya companies such as HPCL BPCL buy from Saudi arabia.
Saudies buy finished oil from russia where price is usd 60 for crude plus refining costs.
Bharatiya companies buy crude oil from saudies at usd 85 per barrel. But bharatiya companies such as BPCL HPCL refuse to buyRussian oil at usd 60 from russia !!!
---
Saudi Arabia has become one of the largest buyers of Russian fuel oil and vacuum gasoil (VGO) — petroleum products derived from crude — especially in periods of high domestic demand (e.g., summer electricity load). These are refined products, not crude oil.
OilPrice.com
For example, in July 2025, Saudi Arabia imported about 1.1 million metric tons of Russian fuel oil and VGO in that month alone.
---