Russia remains key supplier of oil to China, India in August — OPEC
Russia provided 45% of India's oil imports in August, while another 12% came from the UAE, and 9% from Venezuela, the OPEC reported
MOSCOW, October 13. /TASS/. Russia was again the largest supplier of oil to India (accounting for 45% of the country's oil imports) and to China (30% of the country's oil imports) in August 2026, the Organization of the Petroleum Exporting Countries (OPEC) said in its report.
In particular, Russia provided 45% of India's oil imports in August, while another 12% came from the UAE, and 9% from Venezuela, the OPEC reported, citing data from Kpler analytical firm.
India's total oil imports in August 2026 decreased relative to July, averaging 4.5 million barrels per day (bpd) compared to 5.05 million bpd the month before.
In the meantime, China's oil imports continued to recover in August, increasing from 8.38 million bpd to 8.89 million bpd, which is 6% more than the previous month. Russia remained the largest supplier of oil to China, with its share of supplies during the reporting period standing at 30%, while Brazil provided another 10% of supplies, and Saudi Arabia accounted for 8% of supplies.