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India's oil imports in May totalled 4.98 million barrels per day (bpd), the highest since December 2020. Iraq was India's second biggest supplier of oil in May. Russia rose to become India's second biggest supplier of oil in May while Saudi Arabia was in third place. Russian grades accounted for about 16.5% of India's overall oil imports in May, and helped raise the share of oil from the Commonwealth of Independent States countries to about 20.5%, while that from the Middle East declined to about 59.5%. Reason for increasing Russian Oil in India: Western sanctions against Russia for its invasion of Ukraine prompted many oil importers to shun trade with Moscow, pushing spot prices for Russia’s Ural crude oil to record discounts against other grades. That provided Indian refiners, which rarely used to buy Russian oil due to high freight costs, an opportunity to snap up low-priced crude.
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A spent 30% and 20% of his monthly salary on food and rent, respectively. Of the remaining amount, he gave 21% and 14% to his mother and brother, respec...
The price of wheat has increased by 45%. Mohit has decided to spend only 16% more than what he initially did on buying wheat. What is the percentage dec...
The income of Tina is Rs.24000 and she saves 15% of her income. The savings of Kajal is Rs.2000 more than that of Tina and she spends 60% of her income....
The respective ratio of monthly income of A to monthly income of B is 11:12, and A’s saving is (100/17)% more than B’s saving. Find the expenditure ...
The monthly income of Vivek and Sohan together is Rs. 46000. The income of Vivek and Sohan is increased by 20% and 30% respectively. The new income of ...
