Bloomberg: Russia increases oil supply to India despite rising demand in China

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The Russian Federation continues to supply India with the highest possible amount of oil despite the recovery in Chinese demand, in February New Delhi imported about 1.85 million barrels per day from the Russian Federation. It has been reported Bloomberg With reference to the analytics company Kpler.

The publication states that before the imposition of EU and US sanctions, India practically did not buy Russian oil.

Kpler’s principal analyst, Victor Katon, said Russia’s imports into the country were potentially close to 2 million barrels per day in February.

He added that after China abandons its “zero tolerance” policy against COVID-19, it “could really buy all of Russia’s oil exports”, but that Russia wants to retain the Indian market as it is more profitable and gives oil sellers an opportunity. . better control materials.

Previously RT Russian Deputy Foreign Minister Andrei Rudenko reportedly said that the price of Russian oil for India is formed by market methods.

Russian Deputy Foreign Minister stressed that the Russian side has repeatedly said that it does not trade energy resources at a loss.

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