MOSCOW (Reuters) - India's ONGC is interested in increasing its presence in the Russian market, the company's Chief Executive Officer Narendra K. Verma said on Wednesday.
He said that supply of crude oil in the global market exceeds demand by around 1.2 million barrels per day.
(Reporting by Katya Golubkova and Alexander Winning; Writing by Andrey Ostroukh; editing by Vladimir Soldatkin)
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