Meanwhile, India continued to consolidate its lead over China in importing seaborne crude oil from Russia in May, increasing purchases over its northern neighbour by over 650,000 barrels per day (bpd) or by around 50 per cent. Indian refiners sourced 4 per cent more crude oil in May month-on-month to around 2 million bpd, the highest level since July last year, cementing the country's status as the world's biggest buyer of seaborne Russian oil, according to industry sources and shiptracking data. (India's import was 1.9 million bpd in April and 1.98 million bpd in May, according to Paris-based market intelligence agency Kpler.) India's last import of over 2 million bpd from Russia was in July last year, with the share of Russian oil in the total being 44 per cent.
The share of Russian oil increased to nearly 41 per cent of India's import of 4.85 million bpd in May from 39.6 per cent of April's 4.8 million bpd.
この記事は Business Standard の June 01, 2024 版に掲載されています。
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この記事は Business Standard の June 01, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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