energy market

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    Crude Rebalancing: India's Strategy Amid Sanctions and Middle East Supply

    New Delhi, February 22 – India's crude import strategy is entering a phase of calibrated rebalancing rather than a sudden realignment, with Middle Eastern suppliers, led by Saudi Arabia, regaining market share, according to shipping data and analysts. This is happening even though Russian...
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    India's Oil Purchases of Russian Crude Remain Unchanged: Moscow

    Moscow, February 18 Russia's Foreign Ministry said on Wednesday that it has "no reason" to believe that India has changed its position on buying Russian oil, which it said is beneficial for both countries and maintains stability in the global hydrocarbons market.The remarks came in the...
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    Brent and WTI Crude Prices Stabilize

    Global crude oil prices saw a slight decrease today. Brent crude was trading at approximately 0.12% lower, at $66 and 68 cents per barrel. West Texas Intermediate (WTI) crude was also trading almost unchanged, at $62 and 80 cents per barrel, according to the latest reports.
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