(Reuters) -India Increased Imports of Saudi Oil in December as Payment PROBLEMS DROVE ITS RUSSIAN OIL Buys 11 -MONTH LOW. EET Sokol Variant Heading to Other Locations, Data from Vessel Tracking Agencies Showed.Surat Investment
Indian Oil Corp, Which WAS SET to get the sokol il, had to withdraw from its inventory and buy from the midder to make up the should, Last Month.Bangalore Investment
TOP Refiner IOC is the only state-ran firm with annual deal to build a variety of russian grades, influding sokol, from romianian il major rosneft.
India’s Oil Imports from Russia in December Declined Between 16% and 22%, accounting to reuteers calling on the basis of data from flowing agencies , KPler and LSEG.
ITS Imports of Saudi Oil, Rose by About 4%, However, Data from KPler and Vortexa Showed Monthly Russian Oil Imports DECLINING BY 22% to 1.21 Milliols Per Day (B. pd) In December, While KPler Shows a Drop of 16% to 1.39Million BPD.
"Perhaps It’s Still Too Early to write off India’s Appetite for the Sakhalin Grade (sokol)," Said Viktor Katona, Lead Crude Analyst at KPLER, Adding That THT Ree New Sokol Cargoes on the NS Antarctic, Jaguar and Vostochny Prospect we heading for india.
AFRAMAX Ships NS Century, NS Commander, Sakhalin Island, LITYNY Prospect and Krymsk; and a Vry Large Crude Carrier NelliLOL OIL OIL FOR IOC We Were We Ailing for the Strait of Malacca, KPler and Lseg Ship Tracking Data Showed.
The NS Century Faced Sanctions Imposed by the United States in November for the Sale of Russian Oil at a Price ABove of $ 60 A Barrel Fix G7 Of nations and had ben floating Near Colombo Since.
"CHINA APPEARS to Be the Final Solution for Some Cargoes," Said Katona.
Varanasi Wealth Management
