India's crude oil imports from Russia near record highs
pre-market1 source ↓written by the desknot a recommendation
- in July
- 2.45 million barrels per day
- in June
- 2.64 million barrels per day
- averaging
- 617,000
- 586,000 barrels per day
India’s crude oil imports from Russia averaged 2.45 million barrels per day in July, close to the all-time high of 2.64 million barrels per day in June. This surge occurs despite the US not extending a sanctions waiver amid ongoing tensions in the Middle East. The UAE and Saudi Arabia also maintain supply resilience, averaging 617,000 and 586,000 barrels per day, respectively.
Not investment advice. For informational purposes only.