
India imports $3bn Russian crude in August despite US pressure
India imported €2.9 billion worth of Russian crude oil in August, nearly matching China’s €3.1 billion, according to the Helsinki-based Centre for Research on Energy

India imported €2.9 billion worth of Russian crude oil in August, nearly matching China’s €3.1 billion, according to the Helsinki-based Centre for Research on Energy

In June, India’s purchases of Russian oil reached an 11-month high, solidifying Moscow’s ongoing hegemony over New Delhi’s oil import market. Tanker data shows that

Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western

Freight rates to ship Urals crude from Baltic ports to India rose by some 20% in February to $7 million to $8 million per voyage

Indian firms see a major disruption of Russian oil supplies as Washington imposes new sanctions to curb Moscow’s revenues, pushing refiners to scout for crude

The increase in sourcing from Russia is causing a higher average sailing distance for crude oil tankers discharging in India. Year-to-date, the average sailing distance

Source: gCaptain The SCF Baltica, carrying 90,000 metric tons of fuel oil for Reliance Industries, operator of the world’s biggest refining complex at Jamnagar in

“It is always good when more supplies come to market,” said petroleum minister Hardeep Singh Puri. “We will buy from wherever we can get cheaper

Indian refiners are likely to maintain their momentum on importing higher volumes of Russian crude oil in 2023 aiming to benefit from the emerging trade

India imported €2.9 billion worth of Russian crude oil in

In June, India’s purchases of Russian oil reached an 11-month

Freight rates for Russian oil supplies from its Baltic ports

Freight rates to ship Urals crude from Baltic ports to

Indian firms see a major disruption of Russian oil supplies

The increase in sourcing from Russia is causing a higher

Source: gCaptain The SCF Baltica, carrying 90,000 metric tons of

“It is always good when more supplies come to market,”

Indian refiners are likely to maintain their momentum on importing