Indian refiners buy 30 million barrels of Russian oil: Report

Indian refiners have purchased about 30 million barrels of Russian oil at premiums of $2-$8 per barrel over the Dated Brent benchmark, Bloomberg reported. State-owned Indian Oil and Reliance Industries have bought around 10 million barrels each, it added. The US granted Indian refiners a 30-day waiver to purchase Russian oil that had been loaded onto ships before March 5.