Turkish refiners reportedly cite better profit margins as the reason Turkey has increased oil imports from Russia to over 200,000 barrels per day (bpd) on average so far this year, up from 98,000 bpd over the same period last year, Reuters reported on Monday, citing Refinitiv Eikon data. The report highlighted that Turkey’s Tupras and STAR refineries significantly increased their intake of Russian oil, both the Urals and Siberian Light grades, while decreasing purchases of North Sea, Iraqi and West African grades. Refinitiv data showed that the STAR refinery bought about 90,000 bpd of oil from Russia during Janu
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