India Becomes Europe’s Largest Supplier of Refined Oil | Saudi Arabia in 2nd Place
India has turn out to be Europe’s largest supplier of refined fuels this month, in response to data from analytics firm Kpler. That is while concurrently buying record amounts of Russian crude, in response to data from Kpler.
Europe’s dependance on Indian crude oil products has risen because the ban on Russian oil. Europe’s refined fuel imports from India are set to surge above 360,000 barrels a day, edging just ahead of those of Saudi Arabia, in response to Kpler’s data.