In October, Russia overtakes Saudi Arabia and Iraq as India’s leading oil suppliers, according to the energy cargo tracker Vortexa. Saudi Arabia and Iraq had previously held that position.
Details about Russia becomes the No. 1 oil supplier for India in October:
The largest recorded monthly crude supply from Russia to India was 946,000 barrels per day in October. It supplied 22% of India’s total oil imports, surpassing Saudi Arabia’s 16% and Iraq’s 20.5%.
According to Vortexa, an energy intelligence company with offices in Singapore and London that watches oil and gas tankers across the world and provides freight and inventories analytics, global crude imports increased by 5% in October compared to September, while those from Russia increased by 8%.
The largest recorded monthly crude supply from Russia to India was 946,000 barrels per day in October. It supplied 22% of India’s total oil imports, surpassing Saudi Arabia’s 16% and Iraq’s 20.5%.
