Russia s oil exports via its western sea ports in November may fall by some 300,000 barrels per day after ample supplies in September-October as domestic refineries are expected to raise runs as. -October 18, 2023 at 09:29 am EDT
- MarketScreener
Russia has surpassed the United Arab Emirates as India s top supplier of naphtha, a key petrochemical feedstock, due to discounted Russian oil products and shifts in trade flows following Russia s invasion of Ukraine. India has traditionally relied on the UAE for naphtha imports, but this year, it has turned to Russia due to lower costs and the high price of natural gas, an alternative feedstock.
Russia has overtaken the
United Arab Emirates to become India s top naphtha
supplier, data shows, as New Delhi takes advantage of discounted
Russian oil products and the re-routing of trade flows in.