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Russian Crude Exports to India, China and Turkey Hold Over 2mn Bpd

OIL

India has imported 918,162 barrels per day of oil from Russia this month as of September 21, while China has imported more than 913,120 barrels per day, Kpler data show.

  • In March 2022, after the Feb. 24 Russian invasion of Ukraine, India imported just 67,612 bpd and China brought in 720,669 bpd of Russian seaborne crude.
  • Turkey has also stepped up to buy discounted Russian barrels, with purchases so far in September at 284,417 bpd, up from just 77,074 bpd in March, data show.
  • China, India and Turkey now account for over 2 million barrels per day of Russian crude imports — two-thirds of all seaborne flows.
  • Europe has imported 1.202 million barrels per day of Russian seaborne crude oil this month, down from 1.841 million in February.

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India has imported 918,162 barrels per day of oil from Russia this month as of September 21, while China has imported more than 913,120 barrels per day, Kpler data show.

  • In March 2022, after the Feb. 24 Russian invasion of Ukraine, India imported just 67,612 bpd and China brought in 720,669 bpd of Russian seaborne crude.
  • Turkey has also stepped up to buy discounted Russian barrels, with purchases so far in September at 284,417 bpd, up from just 77,074 bpd in March, data show.
  • China, India and Turkey now account for over 2 million barrels per day of Russian crude imports — two-thirds of all seaborne flows.
  • Europe has imported 1.202 million barrels per day of Russian seaborne crude oil this month, down from 1.841 million in February.