India’s Reliance Industries imported 12% more oil in May than in April, rising to 1.35 million barrels per day (bpd), tanker data from shipping and industry sources showed. The share of Russian oil in Reliance’s overall crude imports in May fell to 30% from about 34% in April as the conglomerate raised purchases from Colombia and Mexico, the data shows. Indian refiners have been buying discounted Russian oil shunned by many buyers after the West imposed sanctions against Moscow for its invasion of Ukraine. Here are details of Reliance’s crude and condensate imports.
