Loading...
Market
Rosneft-Reliance oil deal faces legal/regulatory challenges by 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from legal proceedings, regulatory filings, and major news outlets
Story
Rosneft Signs 10-Year, $13 Billion Oil Deal with Reliance to Supply 500,000 bpd, Largest-Ever Agreement
Dec 13, 2024, 05:20 AM
Russian state oil company Rosneft has signed a landmark 10-year agreement to supply nearly 500,000 barrels per day (bpd) of crude oil to India's Reliance Industries. Valued at approximately $13 billion annually, this deal represents the largest energy agreement ever between India and Russia, accounting for about 0.5% of the global oil supply. The agreement comes as India seeks to enhance its energy security amid ongoing turmoil in the Middle East, positioning itself as the top buyer of Russian oil.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Significant decrease • 25%
Moderate decrease • 25%
No change • 25%
Increase • 25%
Significant increase • 25%
Moderate increase • 25%
No change • 25%
Decrease • 25%
Significant increase • 25%
Moderate increase • 25%
No change • 25%
Decrease • 25%
Ukraine lifts sanctions • 25%
Hungary secures EU exemption • 25%
New transit agreement • 25%
No resolution • 25%
Regulatory hurdles • 25%
Financial constraints • 25%
Political opposition • 25%
Other reasons • 25%
Yes • 50%
No • 50%
