Russia and India signed Dec. 6 new energy cooperation agreements including a contract for Rosneft to ship almost 15 million barrels of crude to the world’s third-largest consumer of oil in 2022, according to government and company statements. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Both countries also acknowledged the importance of dialogue between consumers and producers to ensure stable energy prices. S&P Global Platts assessed Dated Brent has gained 43% year-to-date to trade around $70/b in early December despite continued concerns over the COVID-19 pandemic. “The signing of a new oil supply contract confirms the strategic nature of the long-term partnership between Rosneft and Indian Oil,” Rosneft CEO Igor Sechin said, according to a […]