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Indian Seaborne Crude Imports Slipping

OIL

India’s Oil Imports are at an 8-month low in July because of the monsoon season and maintenance according to Kpler figures.

  • India's July crude imports at 4.64 Mbd, lowest since 11/22.
  • Seaborne imports may reach 5 Mbd in Oct after monsoons according to Kpler.
  • Russian crude imports hit all-time high in May - decline expected to 1.7-1.8 Mbd August.





source: Kpler

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