India’s oil imports from Russia averaged 1.57 million barrels per day (million bpd) in October, down from 1.78 million bpd in September, as per Kpler data. India’s overall oil imports for the month, however, rose 8.1 per cent sequentially to 4.50 million bpd, mainly on the back of higher imports from Riyadh.
Russian crude accounted for nearly 35 per cent of India’s oil imports in October, followed by Iraq with 21 per cent, and Saudi Arabia with an 18 per cent share.
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