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It could not immediately be determined how much Russian oil Indian refiners have bought with yuan, although Indian Oil has paid in yuan for multiple cargoes, sources said. The rise in yuan payments has given a boost to Beijing's efforts to internationalise its currency, with Chinese banks promoting its use specifically for Russian oil trade. Indian refiners have also settled some non-dollar payments for Russian oil in the United Arab Emirates' dirham, sources have said. One private refiner has also been using the same mechanism for payments for Russian oil, one of the sources said. Another state refiner, Bharat Petroleum Corp Ltd (BPCL.NS), is also exploring yuan payment for Russian oil, a separate source said.
Persons: IOC's, Rosneft, Nidhi Verma, Tony Munroe, Tom Hogue Organizations: U.S, Indian Oil Corp, Reliance Industries Ltd, Nayara Energy, HPCL Mittal Energy Ltd, Oil, Gazprom Neft, Reuters, United Arab, State Bank of India, NS Bora, Sun Ship Management, European Union, IOC, ICICI Bank, Bank of China, Bharat Petroleum Corp Ltd, Thomson Locations: DELHI, Russia, Moscow, Ukraine, India, China, Saudi Arabia, Indian, Dubai, United Arab Emirates, Iraq, United Kingdom, Bank, Rosneft, ICICI
We're back at it this week with an edition of Insider Life that's filled with light reads for your Labor Day weekend. Today we'll introduce you to a private flight attendant who makes $800 a day catering to VIP guests, show you an SUV designed by one of the world's richest men, and give you a glimpse into life at one of Bora Bora's five-star resorts. Courtesy of Jamie GibsonJamie Gibson, 28, spends her days catering to the rich and famous as a private freelance flight attendant. Four Seasons Bora BoraAs a villa host at the Four Seasons resort in Bora Bora, 38-year-old Giovanna Vargas is guests' go-to resource. She gave us a look into a day in her life in Bora Bora.
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