India’s August Oil Imports From Russia Could Fall To Lowest Level Since January
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India’s crude oil imports from Russia dropped in July and could be headed to a more significant decline in August, to the lowest since January this year, according to Kpler, as Russia has pledged to reduce its oil exports this month. In July, crude imports from Russia into India, the world’s third-largest oil importer, dropped to 2.09 million barrels per day (bpd), down from 2.11 million bpd in the previous month, Viktor Katona, head of crude analysis at Kpler, has told Bloomberg. This month, India’s crude oil imports…
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