India snaps up EU’s displaced crude as Russian oil curbs kick in

Capt. John

Russia’s seaborne crude exports were little changed in November at just over 3 million b/d after flows to India surged to a record high, absorbing barrels displaced from Europe where imports sank to all-time lows ahead of the EU’s Dec. 5 import ban and G7 price cap, according to tanker tracking...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/120522-india-snaps-up-eus-displaced-crude-as-russian-oil-curbs-kick-in

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