Russia remains India's top oil supplier in April, OPEC report says
Quick Look
- Russia was India's largest oil supplier in April 2026, providing 1.7 million barrels per day (bpd), according to an OPEC report citing Kpler data.
- This marks a slight decrease from March's 2.1 million bpd.
- Saudi Arabia was the second-largest supplier.
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Why It Matters
In April 2026, Russia continued to be a major oil supplier to India, providing 1.7 million barrels per day (bpd). This data comes from an OPEC report citing Kpler data. India's total oil imports increased by 9% compared to March.
MOSCOW, June 11. /TASS/. In April 2026, Russia was again the largest oil supplier to India with exports amounting to 1.7 million barrels per day (bpd), the Organization of Petroleum Exporting Countries (OPEC) said in its report.
In April, Russia provided about 1.7 million bpd of oil supplies to India, which is slightly lower than 2.1 million bpd in March. Saudi Arabia was the second top supplier to India with 670,000 bpd. Venezuela, Brazil, Nigeria and Iran also supplied significant volumes of supplies, providing 283,000 bpd, 276,000 bpd, 236,000 bpd and 133,000 bpd, respectively, according to the OPEC report, citing Kpler data.
India's total oil imports in April increased compared to March and averaged 4.9 million bpd (+ 9%).
In addition, oil imports to China in April fell to the lowest level since October 2021, from 11.76 million bpd to 9.32 million bpd. At the same time, Russia remained the largest oil supplier to China; its share in supplies was 23%, Brazil provided another 15% of supplies, and Saudi Arabia accounted for 13%.
Open Questions
- What are the specific reasons for the decrease in Russian oil supplies to India from March to April?
- What factors contributed to the significant drop in China's oil imports in April?
- What are the future projections for oil supply dynamics between Russia and these Asian nations?
- What is the overall impact of these supply figures on global oil prices?
