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India, Saudi Arabia top buyers of Russian VGO and fuel oil in October, LSEG data shows

By Economic Times - 3 days ago
Russian fuel oil and vacuum gasoil (VGO) exports dipped 3% in October, with India and Saudi Arabia emerging as top recipients. While Saudi imports dipped, India's intake surged as it sought cheaper alternatives to Urals crude. China, another major importer, saw a decline amidst potential tax reforms impacting fuel oil demand.

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