The state-owned Russian Oil Company has agreed to supply nearly 0.5 million barrels of Crude Oil Product daily to India's private refining company Reliance, marking the largest Energy Trade between the two countries in history. This 10-year agreement accounts for 0.5% of Global supply, worth approximately 13 billion dollars per year at current prices. The Russian Oil Company did not respond to requests for comments. Reliance stated that the company works with international suppliers, including Russia, and that the trade is based on market conditions.