{"id":608079,"date":"2023-10-04T12:27:29","date_gmt":"2023-10-04T06:57:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=608079"},"modified":"2023-10-04T12:34:33","modified_gmt":"2023-10-04T07:04:33","slug":"oil-psus-buy-more-russian-crude-despite-g7-price-cap","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-psus-buy-more-russian-crude-despite-g7-price-cap\/","title":{"rendered":"Oil PSUs buy more Russian crude despite G7 price cap"},"content":{"rendered":"<p>NEW DELHI: State-run refiners increased their imports of Russian oil by a quarter in September over the previous month, helping boost India\u2019s imports from Russia by nearly a tenth and providing further evidence that the G7 price cap wasn\u2019t proving much of a hindrance in oil imports.<\/p>\n<p>Russia supplied 1.57 million barrels per day (mbd) in September, up from 1.44 mbd in August, and increased its share in Indian crude imports to 38% from 33% a month earlier, according to energy cargo tracker Vortexa. This is, however, lower than the 1.9 mbd that Russia supplied in July, which gave it a 42% share in Indian imports. Imports in September increased as lower intake by China made more Russian supplies available to India, said Serena Huang, an analyst at Vortexa, adding that the reduction in exports by Saudi Arabia also boosted Indian demand for Russian barrels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run refiners increased their imports of Russian oil by a quarter in September over the previous month, helping boost India\u2019s imports from Russia by nearly a tenth and providing further evidence that the G7 price cap wasn\u2019t proving much of a hindrance in oil imports. Russia supplied 1.57 million barrels per day (mbd) in September, up from 1.44 mbd in August, and increased its share in Indian crude imports to 38% from 33% a month earlier, according to energy cargo tracker Vortexa. This is, however, lower than the 1.9 mbd that Russia supplied in July, which gave it [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-608079","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/608079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=608079"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/608079\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=608079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=608079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=608079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}