Signal · Supply Chain & Logistics
India turns back to Gulf oil as Russian crude loses its price edge
What the source reported
Source-reportedIndia’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments through the Strait of Hormuz recovered. Meanwhile, Russian oil imports fell 14% month-on-month as discounts narrowed, making Gulf crude more competitive for Indian refiners.
- Publication
- The Economic Times - Industry · Trade Publication
- Published
- 22nd October 2026
- Original report
- economictimes.indiatimes.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supply Chain & Logistics
- Geography
- India
- Organisations
- None identified
- Collected
- 22nd October 2026 · 09:09
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (24.0/100). Strongest contributor: Impact-Scale Specificity (7.0/10 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (39.0/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).
- Strongest contributor
- Impact-Scale Specificity
- Limiting factor
- Likely Event Severity