Dec Russian oil imports at 1.5 mn barrels a day

MAY HIT 1.6 FOR FULL MONTH COMPARED TO 1.8 MBD IN NOV

- ARUNIMA BHARADWAJ

INDIA'S CRUDE OIL arrivals from Russia averaged 1.5 million barrels per day (mbd) in the first ten days of December, with predictive flows pointing to a potential rise to 1.6 mbd, according to global real-time data and analytics provider Kpler.

This is despite the US sanctions on Russia's major oil companies Rosneft and Lukoil from November 21. While Russian oil flows remain below the 2024 average of 1.75 mbd, the decline is modest at ~250,000 barrels per day, Kpler noted.