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India’s Russian oil imports drop in January as Reliance expects no deliveries

India’s crude imports from Russia could hit an eighteen-month low as Reliance Industries anticipates no shipments in January due to logistical and commercial disruptions.

India’s Russian oil imports drop in January as Reliance expects no deliveries

CountriesInde, Russie
SectorPétrole
ThemeMarchés & Finance

India’s imports of Russian crude oil are expected to fall sharply in January, primarily due to Reliance Industries Ltd, the country’s largest private importer, not expecting any shipments. According to industry sources, the company has scheduled no deliveries for the month, a first in nearly two years.

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Pétrole