Lead
Russia remained the largest oil supplier to India in June, with exports totaling 2.2 million barrels per day (mbd), according to an OPEC report cited by TASS. The figure marked an increase from 2.1 mbd in May. The UAE was India's second-largest supplier with 574,000 barrels per day (bpd), followed by Saudi Arabia with 441,000 bpd, the OPEC report said, citing vessel-tracking data from Kpler.
India's total oil imports fell in June compared to May, averaging 4.78 mbd, down from 5.29 mbd, TASS reported. China's oil imports also declined in June, falling from 7.72 mbd to 7.08 mbd, a drop of 41% compared to June 2025. Russia remained China's largest supplier, with its share of supplies rising to 28% in the reporting period. Brazil and Saudi Arabia accounted for 14% and 12% of China's imports, respectively.
Coverage Comparison
The two TASS reports present slightly different data periods. One article, dated August 3, focuses on July data, while the other, dated August 12, covers June figures. The July report indicates that Russia's oil supplies to India reached 2.8 million bpd, up from 2.7 million bpd in June, accounting for more than half of India's total purchases. That article, citing The Times of India and Kpler data, said India imported just over 5 million bpd of crude oil in July, up slightly from June.
The June data, drawn from an OPEC report, shows lower volumes, with Russia supplying 2.2 mbd in June, up from 2.1 mbd in May. The discrepancy between the two reports likely reflects different data sources and reporting periods.
Key Claims
- Russia was the largest oil supplier to India in June, with exports of 2.2 million barrels per day, according to OPEC data cited by TASS.
- India's total oil imports averaged 4.78 million barrels per day in June, down from 5.29 million in May, as reported by TASS.
- China's oil imports fell to 7.08 million barrels per day in June from 7.72 million in May, a 41% decline year-on-year, according to the same report.
- In July, India's oil imports from Russia rose to 2.8 million bpd, its highest level since 2022, accounting for 55.5% of total purchases, as reported by TASS citing The Times of India and Kpler.
- Indian refineries have begun to restore purchases from Middle Eastern suppliers, with Saudi Arabia's exports to India rising to 420,000 bpd in July from 290,000 bpd in June, and Iraq's recovering to 130,000 bpd from 67,000 bpd, according to the July report.