Indian refiners buy costlier West Asian barrels as Russian supply narrows
In short
Indian refiners bought more expensive oil from West Asia as Russian supply got tighter. BusinessLine said Russian arrivals fell to about 1.75 million barrels a day in September, the lowest since April 2026.
This matters because refiners may face higher input costs if cheaper Russian barrels are harder to get. The reporting does not say which companies were affected or how much prices changed.
What the reporting says
Indian refiners bought costlier West Asian barrels as Russian supply narrowed, with Russian arrivals easing to around 1.75 million barrels per day in September. The BusinessLine summary says this was the lowest level since April 2026. The reporting points to a tighter supply mix and higher replacement costs, but it does not say which refiners were involved or how prices changed for specific grades.
Why it matters
Indian refiners bought costly West Asian barrels as Russian supply narrowed, with arrivals easing to around 1.75 million barrels per day in September, according to the publisher summary. That suggests a shift in feedstock sourcing for refiners and potentially higher import costs. The immediate effect is tighter supply options, but the reporting does not identify specific refiners, contract terms, or final pricing impact.