NEW DELHI: Bharat Petroleum sees discounts on Russian crude shrinking to $3-6 per barrel against $8-10 last year, amid range-bound global oil prices, but will continue to import “significant” volumes, the company brass told investors on Friday.”Our expectation is that global supply and demand will be relatively balanced and the prices would be in the range of $83-87.The factors that could impact prices is largely related to unplanned production disruptions, a risk highlighted by the recent…
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BPCL expects to get lower discounts on Russian oil
