*Russia has this year strengthened its lead in India, the world’s number two importer of seaborne crude after China. Having near-tripled volumes to 1.64mn b/d for 2023, India’s imports from Russia were up again at 1.72mn b/d for the first nine months of 2024 (see chart & table).
India Crude Imports: Russia Dominant As Saudi Squeezed
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Tables
India Crude Imports, 9M 2024 ('000 b/d): Russia Dominant With Saudi Share At Multi-Decade Low
Charts
India’s Top Crude Suppliers (‘000 b/d): Russia Strengthens Lead As Saudi Slumps To 14-Year Low
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