{"id":80903,"date":"2022-03-07T00:12:54","date_gmt":"2022-03-07T05:12:54","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80903"},"modified":"2022-03-07T00:21:05","modified_gmt":"2022-03-07T05:21:05","slug":"shell-defends-decision-to-buy-discounted-oil-from-russia","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2022\/shell-defends-decision-to-buy-discounted-oil-from-russia.html","title":{"rendered":"Shell defends decision to buy discounted oil from Russia"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/SHEL-GB\" target=\"_blank\">Oil major Shell<\/a>\u00a0has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedicated to humanitarian aid for Ukraine. On Friday, Shell purchased 100,000 metric tons of flagship Urals crude from Russia. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.wsj.com\/livecoverage\/russia-ukraine-latest-news-2022-03-04\/card\/shell-buys-russian-oil-at-bargain-price-2ZljvO2HQlmPm5d5aAgG\" target=\"_blank\">It was reportedly bought at a record discount<\/a>, with many firms shunning Russian oil due to <a href=\"https:\/\/www.cnbc.com\/2022\/02\/24\/russian-forces-invade-ukraine.html\">Moscow\u2019s unprovoked invasion of its neighbor<\/a>. The purchase did not violate any Western sanctions.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/03\/06\/shell-defends-decision-to-buy-discounted-oil-from-russia.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Oil major Shell\u00a0has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedicated to humanitarian aid for Ukraine. On Friday, Shell purchased 100,000 metric tons [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80903","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80903"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80903\/revisions"}],"predecessor-version":[{"id":80904,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80903\/revisions\/80904"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}