Archive · 25 Sep 2025
India's Oil Exports Surge Fueled by Russian Crude
India is exporting more oil than before due to expanded refining and more ethanol in gasoline.
Refiners are using discounted Russian oil and selling refined products.
Gasoline exports are hitting record highs, especially to Asia, while gasoil is going to Europe.
The U.S. is concerned India is profiting from Russian oil, but India says it stabilizes the market.
Higher refining output strengthens energy security and meets domestic and international needs.
Indian oil refiners are increasing petroleum exports to multi-year highs.
Refiners are using Russian crude, redirected from Europe due to sanctions.
Gasoline exports are expected to reach a record high of around 400,000 bpd, mainly to Asia.
Gasoil exports are also rising, with most shipments going to Europe.
The United States has expressed concerns about India's role in processing Russian oil.
- Who
- Indian oil refiners
- What
- Increased oil exports
- When
- 2025
- Where
- India
- Why
- Expanded refining, ethanol blending, and cheap Russian crude
India
United States
Russian Oil Imports
India
Purchases help stabilize energy markets.
United States
Accuses India of profiting from Russian oil.
- Export Drivers
- Expanded refining capacity, increased ethanol blending
- Crude Source
- Roughly one-third from Russia
- Gasoline Exports (2025)
- Around 400,000 bpd, mainly to Asia
- Gasoil Exports (2025)
- 560,000-630,000 bpd, mostly to Europe
- Ethanol Blending
- Increased to 20% in 2025
- Gasoline Margins
- Up 51% to $11-$12 a barrel in Asia
Sources
Govt permits the export of second generation ethanol
Govt notifies additional policy condition for export of 2nd generation ethanol
India’s fuel exports surge to multi-year highs on strong refinery runs, ethanol push
India permits export of second-generation ethanol for fuel and non-fuel purposes
India says no immediate plan to permit export of wheat, wheat products
India’s oil exports soar to record highs, Russian crude and ethanol blending key drivers: Report
