Poging GOUD - Vrij
Crude imports fall 10% in Oct; Russian supply down 7%
The Morning Standard
|October 31, 2024
INDIA's crude oil imports declined by 10% month-on-month to 4.24 million barrels per day (mbpd) in October 2024, according to energy cargo tracker Vortexa.
Simultaneously, imports from Russia decreased by 7% over the same period.
This dip can be attributed, in part, to the robust import figures recorded in September 2024. The country imported a cumulative of 4.70 million barrels per day of crude oil in September, up from 4.17 million barrels per day in August.
"With domestic demand expected to rise due to festive seasons in Q4, refineries will likely be ramping up crude runs and imports next month," said Serena Huang, Head of APAC Analysis at Vortexa.
Dit verhaal komt uit de October 31, 2024-editie van The Morning Standard.
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