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Enough Russian oil available in market for Indian refiners, government source says

There is enough supply of Russian oil for Indian refiners in the market as attacks on Russian energy facilities have led to increased availability, a government official told Reuters on Monday.

Indian refiners continue to buy Russian oil, said the official, who did not wish to be identified due to the sensitivity of the issue.

India is the top buyer of Russian seaborne oil.

Indian refiners are looking at buying more oil and liquefied petroleum gas from the United States, he said, adding that the enhanced purchase depends on the outcome of New Delhi’s trade negotiations with Washington.
Source: Reuters



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