{"id":1305869,"date":"2025-10-14T10:44:20","date_gmt":"2025-10-14T07:44:20","guid":{"rendered":"https:\/\/prm.ua\/oil-blow-for-russia-indian-state-owned-giants-cut-purchases\/"},"modified":"2025-10-14T10:44:20","modified_gmt":"2025-10-14T07:44:20","slug":"oil-blow-for-russia-indian-state-owned-giants-cut-purchases","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/oil-blow-for-russia-indian-state-owned-giants-cut-purchases\/","title":{"rendered":"Oil blow for Russia: Indian state-owned giants cut purchases"},"content":{"rendered":"<p><strong>Between June and September this year, India&#8217;s state-owned refineries significantly reduced their purchases of oil from Russia by more than 45%.<\/strong><\/p>\n<p> This <a href=\"https:\/\/www.thehindu.com\/business\/Economy\/indian-state-owned-refiners-trimmed-russian-oil-imports-by-45-between-june-and-september-kpler-data\/article70158088.ece#google_vignette\" rel=\"nofollow noopener\" target=\"_blank\">is reported by<\/a> The Hindu.<\/p>\n<p> According to Naveen Das, an oil market analyst at Kpler, India\u2019s state-owned refineries were receiving about 600,000 barrels of Russian oil per day in September, compared with about 1.1 million barrels per day in June, indicating a sharp drop in imports.<\/p>\n<p> At the same time, private players in the oil market, in particular Reliance Industries and Nayara Energy (the latter is supported by Russia&#8217;s Rosneft), on the contrary, increased oil supplies from the Russian Federation.<\/p>\n<p> Recall, <a href=\"https:\/\/prm.ua\/indiyski-derzhkompanii-pochaly-platyty-za-rosiysku-naftu-v-iuaniakh\/\">Russian oil traders are demanding that Indian state-owned companies switch to settlements in Chinese yuan instead of dollars or dirhams<\/a> . Such a move should simplify financial transactions and minimize costs in the face of sanctions and geopolitical tensions.<\/p>\n<p> As reported, <a href=\"https:\/\/prm.ua\/nafta-ponad-polityku-indiia-prodovzhyt-zakupivli-z-rf\/\">Indian oil refining companies do not plan to cut imports of Russian oil, despite international pressure and rising tariffs.<\/a><\/p>\n<p> Also follow <strong>\u201cPryamim\u201d<\/strong> on <a href=\"https:\/\/www.facebook.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> , <a href=\"https:\/\/twitter.com\/prm_ua\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a> , <a href=\"https:\/\/t.me\/+rtV4dxYu2_cyNjVi\" target=\"_blank\" rel=\"noopener nofollow\">Telegram<\/a> , and <a href=\"https:\/\/www.instagram.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between June and September this year, India&#8217;s state-owned refineries significantly reduced their purchases of oil from Russia by more than 45%. This is reported by The Hindu. According to Naveen Das, an oil market analyst at Kpler, India\u2019s state-owned refineries were receiving about 600,000 barrels of Russian oil per day in September, compared with about [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":1215394,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76870,76871,76872,76892],"class_list":["post-1305869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1305869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1305869"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1305869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1215394"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1305869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1305869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}