India’s Imports of Russian Crude Hit New High in July
Market Intelligence Analysis
AI-Powered 60% FREE-ANALYSIS-RULE-BASED-ANALYSISFinancial market analysis indicating bullish sentiment based on current trends.
Article Context
India keeps buying a lot of Russian oil, with July imports hitting a new all-time high and accounting for more than half of total Indian crude oil imports. India’s crude oil imports from Russia rose to 2.8 million barrels per day (bpd) in July, up from the previous high of 2.7 million bpd in June, for the highest average monthly volume ever, according to vessel-tracking data by Kpler cited by the Times of India on Monday. Total Indian crude oil imports inched up slightly from June to stand at just over 5 million bpd in July, per the…
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- free-analysis-rule-based-analysis OIL Bullish Confidence: 60%
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Financial market analysis indicating bullish sentiment based on current trends.
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