New Delhi: Share in Russia’s oil Reliance IndustriesTotal crude imports rose by more than a fifth in May, according to data from trade sources, as the conglomerate snatched exempt Russian oil, after the West imposed sanctions against Moscow for its invasion of Ukraine, with many buyers buying it. left.
Data shows Reliance, the owner of the world’s largest refining complex, imported around 1.4 million barrels of oil per day in May, up 9.1% from April.
The Middle East’s share in Reliance’s imports declined to 61% from 67% in April, while the share of Russia-led CIS countries increased from 13% to about 23%. The data showed private refiners continued to drop US oil intake for the second straight month in May.
Data shows Reliance, the owner of the world’s largest refining complex, imported around 1.4 million barrels of oil per day in May, up 9.1% from April.
The Middle East’s share in Reliance’s imports declined to 61% from 67% in April, while the share of Russia-led CIS countries increased from 13% to about 23%. The data showed private refiners continued to drop US oil intake for the second straight month in May.