Russian oil flows to India set to surge ahead of US sanctions
Russian oil flows to India set to surge ahead of US sanctions
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Russian oil flows to India set to surge ahead of US sanctions

Sanjeev Choudhary 🕒︎ 2025-11-06

Copyright indiatimes

Russian oil flows to India set to surge ahead of US sanctions

AgenciesRepresentative Image New Delhi: Russian crude arrivals in India are expected to rise in November after holding steady last month with refiners likely to rush landing of contracted cargoes before the November 21 deadline for US sanctions wind-down period covering Rosneft and Lukoil. India imported 1.62 million barrels per day (mbd) of Russian crude in October, almost unchanged from September, according to Kpler, a global real-time data and analytics provider.Volumes are expected to rise in November since ships headed for India loaded 1.74 mbd at Russian ports in October, up from 1.69 mbd in September. The voyage to India takes 25-30 days, meaning most October-loaded cargoes will arrive before the wind-down period expires. Cargoes from non-sanctioned entities can continue flowing beyond the deadline with limited risk."Following the sanctions (effective 21 November 2025), we observed accelerated Russian crude arrivals ahead of the deadline," said Sumit Ritolia, lead research analyst, refining and modeling at Kpler. "This was primarily achieved through front-loaded scheduling and quicker vessel turnarounds." Live EventsRussian crude loadings bound for China plunged nearly 30% month-on-month to 1 mbd in October, signalling weakening demand from Chinese buyers. Loadings to Turkey also slipped, down 8% to 349,000 barrels per day (bpd). What surprised the market was the near-tripling of US crude supplies to India in October. US shipments jumped to 568,000 bpd from 207,000 bpd in September, making the US India's fourth-largest supplier, behind Russia (1.62 mbd), Iraq (826,000 bpd) and Saudi Arabia (669,000 bpd). The surge in US flows largely displaced shipments from the UAE, which slipped to 363,000 bpd from 581,000 bpd in September."Given the 45-55 day voyage time, the spike (in US crude imports) was not sanctions-driven," said Ritolia. "The increase was economics-led, supported by a strong arbitrage window, a wider Brent-WTI spread, and weak Chinese demand that made WTI Midland competitive on a delivered basis."Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onRussian oil exports to IndiaUS sanctions on Russian oilIndian crude oil importsRussian crude oil arrivalsimpact of sanctions on oil supplyUS crude shipments to IndiaRosneft and Lukoil (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onRussian oil exports to IndiaUS sanctions on Russian oilIndian crude oil importsRussian crude oil arrivalsimpact of sanctions on oil supplyUS crude shipments to IndiaRosneft and Lukoil(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless

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