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https://sputniknews.in/20231130/indian-oil-imports-from-russia-increase-in-november-reports-5653214.html
Indian Oil Imports From Russia Increase in November: Reports
Indian Oil Imports From Russia Increase in November: Reports
Sputnik India
India substantially increased its monthly imports of Russian oil in November, data from Kpler and Vortexa have shown.
2023-11-30T18:40+0530
2023-11-30T18:40+0530
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India substantially increased its monthly imports of Russian oil in November, data from Kpler and Vortexa have shown.The figures revealed a significant rise of 5-9% from the previous month, bringing India's intake to 1.68-1.73 million barrels per day (bpd).According to data from both Kpler and Vortexa, imports from Russia in October reached 1.58 million bpd and 1.6 million bpd, respectively."Urals delivered to India still comes in at around $4 to $5 per barrel to Dubai, so it maintains a competitive edge over term deals from the Middle East," Katona added.
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Indian Oil Imports From Russia Increase in November: Reports

18:40 30.11.2023
© Sputnik / Maksim Bogodvid / Go to the mediabankAn oil pump jack operated by the Yamashneft Oil and Gas Production Division of Tatneft, are seen in Almetyevsk District of Russia's Republic of Tatarstan.
An oil pump jack operated by the Yamashneft Oil and Gas Production Division of Tatneft, are seen in Almetyevsk District of Russia's Republic of Tatarstan. - Sputnik India, 1920, 30.11.2023
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- Sputnik India
Deexa Khanduri
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According to preliminary data released by a ship-tracking agency, India's oil imports from Russia have seen a significant increase in November.
India substantially increased its monthly imports of Russian oil in November, data from Kpler and Vortexa have shown.

The figures revealed a significant rise of 5-9% from the previous month, bringing India's intake to 1.68-1.73 million barrels per day (bpd).
According to data from both Kpler and Vortexa, imports from Russia in October reached 1.58 million bpd and 1.6 million bpd, respectively.
"India has been roaring back to strength ever since its autumn refinery maintenance period was completed by early November, so now almost every refiner is ramping up runs to satiate growing domestic demand," Kpler's crude analyst Viktor Katona said.
"Urals delivered to India still comes in at around $4 to $5 per barrel to Dubai, so it maintains a competitive edge over term deals from the Middle East," Katona added.

After Russia launched its special military operation in Ukraine, India, the world's third-largest oil importer, significantly boosted its supply of Russian oil. As a result, oil deliveries from Russia to India skyrocketed by over 40 percent, highlighting the strengthened bond between the two countries.

A Russian oil rig. File photo - Sputnik India, 1920, 02.10.2023
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