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via thehindubusinessline.comMarkets

India's record crude imports signal strong refinery runs, Russian oil buying to remain flexible

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

West Asian supplies accounted for about 2.3 million barrels per day, and Russian crude flows remained strong at around 2 million bpd, Kpler lead analyst Nikhil Dubey said in a post.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRecord Indian crude imports can support global oil demand and influence Brent prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01West Asian supplies accounted for about 2.3 million barrels per day.
  2. 02Russian crude flows remained strong at around 2 million bpd.
  3. 03According to Kpler analyst Nikhil Dubey, Russian oil buying will remain flexible.

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