Russia Captures Record Share of India’s Oil Market
A larger share of India's imports is shifting toward Russian crude oil supplies.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Rosneft →supply upIndia's record shift toward Russian crude should modestly lift Rosneft's crude activity, and this edge is a small 4% relationship with only moderate substitutability.
65% confidenceHop 2
Crude Oil Feedstock →supply upCrude oil feedstock is a critical one-for-one input to gasoline and diesel, so a larger Russian crude import share should increase their supply availability.
77% confidenceCrude Oil Feedstock →supply upCrude oil feedstock is a critical one-for-one input to home heating oil, so more Russian crude entering the feedstock stream should support higher supply.
77% confidenceHop 3
Home heating oil →Prices riseMore crude availability should lift refining throughput, increasing demand for refinery-grade hydrogen used in hydrotreating.
48% confidenceHome heating oil →Prices riseHydrotreating Catalysts (CoMo/NiMo)
Higher hydrotreating runs consume more CoMo/NiMo catalysts, so stronger crude supply should raise demand for them.
44% confidenceHome heating oil →Stands to benefitHydrotreating / Desulfurization (ULSHO Production)
Higher home heating oil output should raise activity in the hydrotreating/desulfurization step, benefiting that process stage.
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil
Companies you may own
No named companies on this path.
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