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According to Indian Import Data, the information from trade and shipping sources show that India's imports of Middle Eastern oil fell in September to their lowest level in 19 months, while shipments from Russia rose despite delays in processing that resulted in a decrease in overall crude imports. <br><br>
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How Indian Oil Bingeing Is Impacting the Middle East
intro According to data from trade and shipping sources, India's imports of Middle Eastern oil hit a 19-month low in September, while imports from Russia increased despite processing disruptions that reduced overall crude imports. According to government official data, Iraq continued to be the top provider, but Russia surpassed Saudi Arabia as the second-largest supplier after a month-long maintenance at refiners like Reliance Industries and Indian Oil Corp caused India's overall oil imports in September to drop to a 14-month low of 3.91 million barrels per day (BPD), down 5.6% from a year earlier, according to the statistics. Let’s discuss the notification in detail. gap. The
How Indian Oil Bingeing Is Impacting the Middle East According information from trade and shipping sources show that India's imports of Middle Eastern oil fell in September to their lowest level in 19 months, while shipments from Russia rose despite delays in processing that resulted in a decrease in overall crude imports. to Indian Import Data, the The results show that Saudi Arabia fell to second place after a month-long gap, but Russia overtook Iraq as the top supplier. According to the statistics, India's overall oil imports in September fell to a 14-month low of 3.91 million barrels per day (BPD), down 5.6% from a year earlier, due to maintenance at refiners including Reliance Industries and Indian Oil Corp.
The data indicated that India's imports from the Middle East decreased to nearly 2.2 million BPD, down 16.2% from August, while imports from Russia jumped to approximately 896,000 BPD, up 4.6% after declining in the two months prior. According to the Importers data India, the Middle East's share of India's oil imports fell to 56.4% from 59% while Russia's share increased to an all-time high of 23% from 19% the previous month. The percentage of Caspian Sea oil increased from 24.6% to 28%, primarily coming from Kazakhstan, Russia, acquire Import data, with several Western companies refusing to make purchases due to Moscow's invasion of emerged as Russia's consumer after China. and Azerbaijan. Also Ukraine, second-largest India has oil
Indian refiners decreased their purchases of African oil, which they primarily purchased on the spot market, in the first half of the current fiscal year. However, when the second wave of the coronavirus reduced fuel demand last year, Middle Eastern supplies increased from a low base. ExportImportData reliable Importers Data, importer data India and much more. It also enables you to obtain data on the top exporters, HS Codes, Indian Import Data, product descriptions, export price indices, etc. We are available to assist you and expand your business if you have any questions about the import-export data. proffers