India’s Russian Oil Imports Surge to 2 Million Barrels Per Day in August
India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions.
As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.
AI Summary
AI-generated summary, reviewed by editors
In August, India's purchase of Russian oil reached 2 million barrels per day, representing 38% of the total crude oil imports, a rise from 1.6 million bpd in July, while imports from Iraq and Saudi Arabia declined.
Imports from Russia at 2 million bpd were up from 1.6 million bpd in July. The increase in Russian flow was at the cost of purchases from Iraq, which declined to 730,000 bpd in August from 907 bpd in July, and Saudi Arabia which fell to 526,000 bpd from 700,000 bpd last month.
Click it and Unblock the Notifications
Sign in with Google