India boosts Russian oil imports

New Delhi became the biggest Urals grade crude buyer in November India has bought about 40% of all seaborne Russian Urals grade oil capacity in November, Reuters reported on Monday citing its calculations based on Refinitiv figures and data from traders. According to the figures, this made New Delhi the largest buyer of Urals oil this month. India has been boosting imports of Russian oil for several months. In October, Russia overtook Saudi Arabia and Iraq to become the South Asian country’s largest oil supplier with a 22% share in India’s total crude imports, according to data from the energy cargo tracker Vortex

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