Reliance Cash In On Cheap Russian Oil

Reliance's refinery complex can process almost all types of oil at a rate of almost 1.4 million barrels per day which enables it to profit from price fluctuations. In the present geopolitical scenario, Reliance is set to cash in on cheap Russian oil.

Bloomberg reports that Indian refining behemoth Reliance Industries has postponed plans for repairs at the world's largest oil refining facility, citing the company's desire to churn out more oil based products since profits have lately rise...

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