... oil. According to the Energy Institute, in 2023, India's oil refining volumes exceeded the design capacity of its refineries by 3%. The IEA forecasts that by 2030, India's refining capacity will increase by 1 million b/d, positively impacting Russian oil supplies," Tereshkin said. In his opinion, Russian exporters will also benefit from the prolonged stagnation of India's oil production sector. In 2013, India's oil production stood at 921,000 b/d, compared to 728,000 b/d in 2023—more than twice ...

... promptly to client requests and ensure timely fuel supply. 2. Quality Control. Resource meticulously monitors the quality of supplied fuel, guaranteeing compliance with standards. This is especially important for clients needing to maintain uninterrupted ... ... conditions. This adds an extra layer of reliability for clients who can be assured of fair and competitive fuel prices. Open Oil Market: A Marketplace for Procurement Optimization Resource is also featured on the Open Oil Market marketplace , offering ...

... all other categories comprise only a small portion of the overall import structure. Political Context and Future Prospects The persistence of even limited imports from Russia carries a political dimension. India, justifying its purchases of Russian oil, pointed to the ongoing supplies from the U.S. — from fertilizers to uranium — as an example of double standards. In the United States itself, some political factions are calling for a tougher stance. For instance, former President Donald Trump proposed imposing 100% tariffs ...

... refineries (ORs) have been launched in Africa, Latin America, and the Middle East, further increasing the supply of diesel against the backdrop of falling demand. Russia is one of the largest suppliers of diesel fuel on the global market. For Russian oil refineries, diesel is a key export product, with up to half of the country's diesel output historically sent abroad. After the closure of the European market—previously the primary consumer of Russian diesel—supplies were redirected to India, Turkey, and other countries. However, experts suggest that significant volumes of Russian diesel ultimately found their way to the European market. If global demand for diesel continues to decline, Russian producers ...

... for a short time. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET petroleum marketplace, export restrictions could indeed increase the supply of gasoline in the domestic market. In recent years, exports have accounted for 12-15 percent of supplies from Russian refineries. The problem is that this measure only works over a short period. In the long term, oil producers will adjust gasoline production to match domestic market demand, thereby reducing oil processing and freeing up raw materials for export. As noted by Sergey Frolov, managing partner of NEFT Research, for refineries, an export ban translates ...