India’s Middle East Crude Imports Rose 32% as Russia’s Share Fell

India’s crude sourcing shifted toward the Middle East in September as shipments through the Strait of Hormuz recovered. Middle Eastern imports rose 32% from August, while Russian volumes declined but Russia remained the country’s largest supplier. Middle Eastern crude averaged about 2.8 million barrels per day, the highest level since February. India’s total crude imports increased 20% to about 5.33 million barrels per day. These figures are daily averages for September. Russian crude imports fell 14% to roughly 1.8 million barrels per day.

Source: TokenPost