Russia’s Seaborne Crude Flows at Risk as India Shuns Key Grade
Difficulties selling Sokol crude into India are far from over
India’s oil refiners are shunning Russia’s Sokol crude, raising the risks of a disruption to shipments in the coming weeks.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here .
Russia’s seaborne crude shipments fell for a second week, with difficulties selling a key Pacific grade to India set to further snarl flows in the coming week.