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Russian oil shipments to India decline amid strong Chinese demand

Indian refiners expect further cuts in Russian oil shipments in October and November, citing reduced exports and stronger competition from China.

Yulduz Salimov1 min read
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Oil tanker at an Indian port terminal
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Indian refiners expect Russian oil shipments to decline further in October and November. They attribute the shortfall to reduced exports and stronger competition from China.

The decline in Russian oil shipments to India is linked to high demand for crude from China.

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Russian oil shipments to India decline amid strong Chinese demandvoiced by F4Media