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Bharat Petroleum expects Russian crude purchases to fall in November

Russian volumes in November would be lower because West Asian grades are more commercially viable compared to Russian grades, Vetsa Ramakrishna Gupta, BPCL's head of finance said

Bharat Petroleum expects Russian crude purchases to fall in November

Ukrainian President Volodymyr Zelenskiy announced on Friday that negotiators from Ukraine, Russia, and the United States would convene at a technical level in early November in Abu Dhabi, with hopes of a subsequent meeting of their respective leaders. During a conversation with US envoys Jared Kushner and Steve Witkoff, Zelenskiy expressed his hope for an early start to the talks and emphasized the need for robust security guarantees and ten years of funding for Ukraine's military if a peace agreement were to be reached.

The Ukrainian leader stressed that Russia's involvement would play a crucial role in the outcome of the negotiations, noting that an earlier planned meeting in the same month had not transpired. Zelenskiy also underscored the significance of ongoing diplomatic efforts aimed at achieving a ceasefire and putting an end to the ongoing conflict, which has now persisted for five years.

He called for Europe to participate in the dialogue as well. Despite assurances from the US that restrictions on Starlink and Starshield communications systems had been lifted, Zelenskiy revealed that the speed limits were still in place, contradicting President Donald Trump's claim that the services had been fully restored. Additionally, Ukraine is still awaiting a shipment of air defense interceptors promised previously, which hampers its defensive capabilities against the frequent and intense attacks by Russian drones and missiles.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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