Business StandardCenter·
Record oil imports reflect strong refinery runs, flexible Russian buying
India's crude oil imports surged to a record high of about 5.6 million barrels per day in October, with refiners stepping up purchases from the Middle East and Russia despite ongoing geopolitical tensions, according to data from energy intelligence firm Kpler. Middle Eastern supplies accounted for about 2.3 million barrels per day, and Russian crude flows remained strong at around 2 million bpd, Kpler lead analyst Nikhil Dubey said in a post. Higher ship-to-ship transfers helped move more crude…
Read at Business Standard →
