India’s Russian oil imports drop in August; Sept seen lower
Russia’s share in India’s oil imports fell in August, while Middle East supplies rose as ADNOC sold oil from the region outside the Strait of Hormuz, trade data showed. September is seen lower.
Russia’s share of India’s oil imports declined in August, while shipments from the Middle East rose as Abu Dhabi National Oil Co (ADNOC) sold oil from the region from outside the Strait of Hormuz, trade source data showed. The United Arab Emirates state-run ADNOC has strengthened its presence in supplies from the region, according to the source material.