Core Viewpoint - Indian state-owned oil companies continue to purchase Russian oil despite U.S. sanctions and tariffs, indicating resilience in demand rather than a collapse [1] Group 1: Oil Imports and Sanctions - The U.S. imposed a 25% "secondary" tariff on India in August due to its ongoing imports of Russian oil [1] - In November, sanctions were implemented against Russian companies, including Lukoil and Rosneft [1] - Despite a decline in overall demand for Russian oil in December, this was primarily due to Reliance Industries reducing its purchases [1] Group 2: Role of State-Owned Enterprises - Public Sector Units (PSUs) have partially offset the decline in Russian oil purchases [1] - Analysts from Kpler noted that Indian oil companies and Bharat Petroleum are still procuring Russian oil through non-sanctioned suppliers for future delivery [1] - Rystad Energy's analyst highlighted that the resilience of public sector refineries in receiving Russian oil indicates a redistribution of demand rather than a total collapse [1]
能源分析师：印度国有炼油商仍持续采购俄油
Ge Long Hui A P P·2026-01-07 04:06