India's Russian oil imports decline due to refinery shutdown
pre-market1 source ↓written by the desknot a recommendation
- totaling
- €4.5 billion
- in March
- €5.3 billion
- of these imports
- 90%
India's crude oil imports from Russia fell over 15% in April, totaling €4.5 billion, down from €5.3 billion in March. The decline is attributed to the shutdown of a key refinery for routine maintenance. Crude oil accounted for 90% of these imports, with coal and oil products making up the remainder. This shift may impact energy supply dynamics in the region.
Not investment advice. For informational purposes only.