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Russian promoted Indian oil refinery posts record profit of about $447 million

India’s Nayara Energy, part owned by Russian oil major RosneftMM, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports. Nayara posted a net profit of about 35.64 billion rupees($447.5 million) in the June quarter compared to a net loss of 1.39 billion …

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