More Russian oil than ever before is heading for India, China Posted on May 27, 2022 by cngpump Between 74 million and 79 million barrels from the OPEC+ producer were in transit and floating storage over the past week, more than double the 27 million barrels just before the February invasion of Ukraine, according to Kpler. Related posts: Russian oil: Indian refiners to tank up, eye bigger discounts in strategy shift Donors pledge $33m to stop ‘catastrophic’ Yemen oil spill Aramco CEO warns of global oil crunch due to lack of investment Energean discovers 8 bcm of gas in Athena well offshore Israel India ends FY22 with 2.6 per cent drop in oil production China crude oil imports rebound in April, but weak fuel demand weighs on refiners OPINION: UK diesel shortage shows need for caution on sanctions: Kemp European nations remain biggest importers of Russian energy OPINION: Europe fills gas storage at record rate as Asia’s buyers step aside: Kemp Oil, gas firms use Ukraine war to resist climate efforts