Tag: india crude oil

Russia's share in India’s crude oil imports dipped to 34% in August, down from July's 42%, following substantial reductions by state-run refiners, states an ET report. In August, Russia's supplies decreased by 23% compared to the previous month, reaching 1.47 million barrels per day (mbd). Concurrently, India's overall crude imports experienced a 5% decline to 4.35 mbd, as reported by energy cargo tracker Vortexa. Notably, Russia's seaborne crude exports to China rose from 1.3 mbd in July to 1.4 mbd in August.Indian state refiners got 852,000 barrels per...