OPINION: India gorges on cheap Russian crude, but its fuel exports at risk: Russell Posted on June 3, 2022 by cngpump June imports are estimated at 1.05 million bpd, meaning that Russia’s share of India’s total imports will rise to just under one quarter, a dramatic spike considering that they were around 2 per cent of the total last year. Related posts: Russia’s May oil exports fall 0.4 per cent m/m, output up 1 per cent OPEC share of India’s oil imports steadies after six-year slump Chevron profit nearly quadruples as oil prices surge Russia jumps to fourth position as oil supplier to India: tanker data Saudi energy minister blames lack of investment for surge in fuel prices OPEC cuts 2022 world oil demand forecast due to Ukraine conflict OPEC cuts 2022 world oil demand forecast again on Ukraine war In U-turn, IEA sees world weathering lost Russian oil supply India refiners skip Rosneft crude tenders on ‘biased’ terms: Report Nigeria and Angola responsible for almost half of OPEC+ oil supply gap
