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India Top Seaborne Urals Destination November

OIL

India purchased 40% of all Russian Urals seaborne volumes in November according to Refinitiv.

  • Shipments to Europe amounted to less than a quarter in November. Almost all the volumes to Europe were to refineries Russia owns shares in.
  • Total seaborne exports of Urals in November amounted to 7.5 million tonnes.
  • Turkey remains the main buyer of Urals in the Mediterranean, in November, making up around 15% of all Urals sea exports.
  • China accounted for less than 5% of Urals sea exports in November but that figure is expected to increase as ships update their AIS.
Energy BulletsCommodities
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