Russian oil exports to India fell by 2,4%

In August russia took third place in oil exports to India.

The ranking of oil suppliers to India, which is the world’s third largest importer and consumer of oil, was published by Reuters. The first place was taken by the Republic of Iraq, the second place was taken by Saudi Arabia.

Saudi Arabia exported 863,950 barrels per day of raw oil to India in August, up 4.8% from July. At the same time, purchases from russia fell to 855,950 barrels per day.

Back in March, russia was on 10th place among exporters and supplied India with about 66,000 barrels of oil per day.

It should be noted that since the beginning of the war in Ukraine, many countries have been reducing the import of russian energy carriers. In turn, India became the second largest buyer of russian oil after China.

Earlier, USM reported that problems on the Indian market arose among russian oil producers after a delegation of officials from the United States visited New Delhi. They suggested that the government of Asia’s second-largest economy adhere to a “price ceiling” for russian oil — that is, not to buy barrels more expensive than $40-60.