India significantly increased its imports of Russian crude oil in September, solidifying Russia's position as India's top oil supplier.
India continues to boost imports of Russia n crude oil as Russia continues to be the single largest crude supplier to the world’s third-biggest oil importer. India n imports of Russia n crude jumped by 11.7% in September compared to August, according to tanker data from industry sources reported by Reuters . India imported last month about 1.9 million barrels per day bpd of crude from Russia —which accounted for around two-fifths of India ’s total September crude oil imports of about 4.
Russia continues to be India’s top oil supplier, ahead of Iraq and Saudi Arabia. Russia’s lead over Iraq is more than double, as India imported about 867,600 bpd of crude from Iraq last month. India will not change its energy policy to buy oil and gas at the lowest possible price and will continue to purchase cheaper Russian crude supply, Indian Oil Minister Hardeep Singh Puri told Reuters last month.
Russia Crude Oil Oil Imports Reuters World's Third-Largest Oil Importer Discounted Oil Indian Oil Minister Refinery Expansion Economic Growth
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