Share of Russian crude in India's imports rises to nearly 40% in April

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2 weeks ago

In April, Russia's share in Indian crude oil imports rose to nearly 40%, up from 30% in March, driven by higher global oil prices. Indian refiners imported 1.78 million barrels per day (mb/d) of crude oil from Russia, surpassing imports from China and Europe. Russia supplied more oil to India than its next three top suppliers combined. Overall, Indian crude imports dropped 8% in April, with declines from Iraq, Saudi Arabia, the UAE, and the US. Read The Rest at :

Economic Times

Topics:

Oil Prices

Russian crude

crude

Indian Refiners

Crude Purchase Cost

Global Oil Prices

Crude Oil Imports

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