India imports record crude despite West Asia crisis
India, July 2 -- India imported 4.93 million barrels per day (bpd) of crude oil in June, the highest volume for the month on record, despite geopolitical tensions in West Asia, according to data and analysis from energy intelligence firm Kpler.
Russian crude imports rose to around 2.6 million bpd during the month, reinforcing Russia's position as India's largest oil supplier, Kpler analyst Sumit Ritolia said. Russian supplies made up for more than half of the country's overall imports in June, up from 36.5 per cent in May, when it had imported 2.13 million bpd from Moscow, according to Kpler data. Russia has been India's largest crude supplier since 2022-23, as Indian refiners increased purchases of discounted Russian oil after many Euro...
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