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March 13th 2024

Infographic: Why Asian refiners quietly praise India's, China's Russian crude imports

India's unwavering appetite for Russian crude has provided ample bandwidth to Middle Eastern sour crude suppliers to cater to the needs of South Korea, Japan, Thailand and other East Asian buyers.

Even if OPEC+ decides to extend production cuts, East Asian refiners are confident they can secure adequate Middle East sour crude term supplies.

View full-size infographic

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