Oil production. File photoMOSCOW, June 13Russia became India's second largest oil supplier in May, behind Iraq, Reuters reported, citing sources. Saudi Arabia in third place, but still behind Iraq, which remains in first place,» the agency notes. action in support of Russia, the agency clarifies that in May, Indian refineries received about 819 thousand barrels of Russian oil per day, which is the highest figure for all months. In April, it was about 277 thousand. Reuters also adds that in May, oil imports to India amounted to 4.98 million barrels per day, which is the highest since December 2020. The result comes as state-run refiners ramped up production to meet growing local demand, while private refiners focused on export profits. Bloomberg said last week that India intends to double its imports of Russian oil. The agency said state-owned companies are collectively working to conclude and secure new six-month contracts for the supply of Russian oil to India, with cargo being requested on delivery terms from Rosneft.
