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India's oil imports up to record level in September with over third supplied by Russia

Published by TASS · Russia 43 min ago
India's oil imports up to record level in September with over third supplied by Russia
TASS

Detailed summary

Imports rose by 20% on average compared to August to 5.4 mln barrels per day

MOSCOW, November 11. /TASS/. Russia remained the largest oil supplier to China and India in September 2026, though its share declined slightly amid rising oil imports by both countries. Meanwhile, India’s total oil imports reached a record volume, OPEC reported.

Specifically, Russia accounted for 35% of India’s oil imports in September, down from 45% in August, while Iraq and Saudi Arabia each supplied 10%, the report said.

India’s total crude oil imports reached a record high in September driven by strong refinery throughput: imports rose by 20% on average compared to August to 5.4 mln barrels per day. This represents a 13% increase over the volume imported in September 2025.

Moreover, China’s oil imports continued to rise in September, increasing by over 1.5% to 9.04 mln barrels per day. Russia remained the largest oil supplier to China, accounting for 28% of total imports in the reporting period, down from 30% in the previous month, while Brazil and Iraq supplied 14% and 13%, respectively.

China also increased its exports of petroleum products by 17% in September month-on-month, and by 36% year-on-year to 1.8 mln barrels per day. Shipments of diesel fuel and fuel oil saw a particularly sharp increase, OPEC said.

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