News > Reliance Bought At Least 15 Million Barrels of Russian Oil Since Ukraine Invasion

Reliance Bought At Least 15 Million Barrels of Russian Oil Since Ukraine Invasion

Reliance has bought an average of 5 million barrels a month for the June quarter, the sources said. Before the Ukraine war, Indian refiners, including Reliance, rarely bought Russian oil owing to high freight costs.

Reliance Industries Ltd, the operator of the world's biggest oil refining complex, has ordered at least 15 million barrels of Russian oil since Russia invaded Ukraine in February, trade sources said.