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Russia continues to be top oil supplier to India for second month in a row

Updated: Dec 06, 2022 08:00:42am
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Russia continues to be top oil supplier to India for second month in a row

New Delhi, Dec 6 (KNN) For the consecutive second month, Russia continues to stay as the top oil supplier to India in the November, as per energy cargo tracker Vortexa. 

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Outpacing Iraq and Saudi Arabia, Russia supplied 909,400 barrels per day (bpd) of crude in November, making up 21% of the country's total imports of 4.29 million bpd, according to preliminary data gathered by Vortexa. 

It sent over 902,740 bpd of oil in October, which was the highest among all exporters to India, according to revised Vortexa data. 

India's imports from Saudi Arabia, Iraq, the United Arab Emirates, Nigeria and Angola fell, while those from Canada and the US rose in November.

India's import of Russian crude was 38% higher than the European Union's import of seaborne Russian crude in November. 

China remained the biggest buyer of Russian seaborne crude, importing more than a million barrels per day in November.  (KNN Bureau)

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