Russia boosts oil exports to India and China – Reuters ...News

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Russia boosts oil exports to India and China – Reuters
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January shipments have surged due to growing Asia demand Oil exports of Urals and Kazakhstan Export Blend Crude Oil (KEBCO) brands are expected to surge by 50% this month compared to December, due to growing demand in Asia and soaring global energy prices, Reuters reported on Tuesday. According to the outlet’s calculations and traders’ data, about 70% of Urals shipments set sail from the Baltic ports of Primorsk and Ust-Luga are heading to India. The world’s third-biggest oil consumer has remained Russia’s top importer of crude for several months, enjoying deep discounts offered by Moscow. In December, Russian exp

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