The largest Crude Oil Product supply agreement between India and Russia is coming! It is reported that Reliance will purchase 0.5 million barrels of Russian oil daily.

① The Russian state-owned oil company Rosneft is reportedly set to supply Reliance Industries in India with nearly 0.5 million barrels of Crude Oil Product per day; ② The agreement will last for 10 years, with an annual supply accounting for 0.5% of the Global market, valued at 13 billion dollars based on current oil prices. ③ This will be the largest Energy cooperation agreement in the history of India and Russia.

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Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.

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International oil prices rose on Wednesday as the EU agreed to implement a new round of sanctions against Russia.

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Global Market Report15:05 ET