Reliance makes rare fuel oil purchase from HPCL, sources say - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Reliance makes rare fuel oil purchase from HPCL, sources say

Reliance Industries, a major buyer of Russian oil, is now purchasing fuel oil from Hindustan Petroleum Corp. This shift occurs as India faces pressure from the U.S. regarding its energy relationship with Russia. Reliance bought two cargoes of fuel oil from HPCL recently. Russian fuel oil exports to India are expected to decrease this month.


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