India's Reliance Industries raised (Business Opportunities - Marketing & Sales)

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India's Reliance Industries raised


India's Reliance Industries raised

its January oil imports from Russia by about 10% to 359,000 barrels per day (bpd) as its long-term deal with Russian oil major Rosneft started, data from industry and trade sources showed last week. India's oil imports from the United States rose sharply in January from December, turning Washington as the fifth-largest oil supplier to New Delhi, data obtained from trade sources show. Tightened U.S. sanctions on Moscow have disrupted the trade in discounted Russian oil to China and India. The crude import increase was driven by the desire to build some inventories considering the uncertainty on the impact of the latest U.S. sanction on Russian crude, as domestic demand and product exports were moderately lower in January versus December UBS analyst Giovanni Staunovo said, India's Reliance Industries raised, indianpetroplus

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Last Update : 27 February 2025 12:16 AM
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