During the last month, while the state-run refiners were cutting their reliance on Russian crude, private players were stepping up procurement
Gujarat has the highest percentage of private oil pumps at 24%, followed by Rajasthan at 14.5%; the former will elect a new legislative assembly by this December, the latter, a year later
Nayara, formerly Essar Oil, was taken over by a consortium led by Russian oil major Rosneft in 2017