Oil shipments from the Russian Federation to India in July reached…
Oil shipments from the Russian Federation to India in July reached the highest level since 2022 — 2.8 million barrels per day.
Consensus
- India imported crude oil from Russia in July at a rate of 2.8 million barrels per day.
- This volume marked the highest level since 2022.
- Russia's share in India's oil imports reached over 50% in July.
- The increase in Russian oil imports occurred alongside a rise in purchases from other suppliers, including the Middle East.
Points of divergence
- The volume of oil imports from Russia increased from 2.7 million barrels per day in June to 2.9 million barrels per day in July. — vesti
- The Indian refining sector increased purchases from Middle Eastern suppliers due to normalization in the Strait of Hormuz. — vesti
- Indian authorities previously confirmed their readiness to supply fuel to Russia if needed. — vesti
- Analyst Nikhil Dubey from Kpler stated that Russian oil supplies 'once again proved their reliability' amid the Iran crisis. — vesti
Coverage (2 sources)
- India imported record volumes of oil from Russia in July — Вести
- Oil deliveries from Russia to India in July reached the highest indicator since 2022 — 2.8 million barrels per day. This was reported... — ТАСС (Telegram)