{"id":643393,"date":"2024-05-03T11:40:55","date_gmt":"2024-05-03T06:10:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=643393"},"modified":"2024-05-03T11:40:55","modified_gmt":"2024-05-03T06:10:55","slug":"share-of-russian-crude-in-indias-imports-rises-to-nearly-40-in-april","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/share-of-russian-crude-in-indias-imports-rises-to-nearly-40-in-april\/","title":{"rendered":"Share of Russian crude in India&#8217;s imports rises to nearly 40% in April"},"content":{"rendered":"<p>Russia increased its share in Indian crude oil imports to nearly 40% in April from 30% in March, closing in on its all-time peak of 42% last July, as higher global oil prices pushed Indian refiners to increase intake of discounted Russian barrels to reduce their average crude purchase cost.<\/p>\n<p>Indian refiners imported 1.78 million barrels a day (mb\/d) of crude oil from Russia in April, up 19% from March, according to energy cargo tracker Vortexa. This exceeded China&#8217;s import of 1.27 mb\/d and Europe&#8217;s 396,000 barrels per day (bp\/d) of seaborne Russian crude in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia increased its share in Indian crude oil imports to nearly 40% in April from 30% in March, closing in on its all-time peak of 42% last July, as higher global oil prices pushed Indian refiners to increase intake of discounted Russian barrels to reduce their average crude purchase cost. Indian refiners imported 1.78 million barrels a day (mb\/d) of crude oil from Russia in April, up 19% from March, according to energy cargo tracker Vortexa. This exceeded China&#8217;s import of 1.27 mb\/d and Europe&#8217;s 396,000 barrels per day (bp\/d) of seaborne Russian crude in April.<\/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-643393","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\/643393","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=643393"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/643393\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=643393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=643393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=643393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}