Archive · 18 Nov 2025
Reliance Buys 1M Barrels Kuwait Crude After Halting Russian Imports
After stopping Russian oil imports due to U.S. sanctions, Reliance Industries bought 1 million barrels of heavy crude from Kuwait.
This includes two types of crude oil, with the exact prices not yet known.
Reliance has been buying oil from other places like the Middle East and Americas since then.
Reliance Industries purchases 1 million barrels of heavy crude from Kuwait Petroleum Corp
Cargoes include 500,000 barrels of Kuwait Heavy Crude and 500,000 barrels of Eocene crude
Purchase follows Reliance's halt on Russian oil imports due to U.S. sanctions
Reliance has bought at least 12 million barrels of spot crude from Middle East and Americas since
Prices for the Kuwaiti crude purchase were not immediately clear
- Who
- Reliance Industries
- What
- Purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp
- When
- December 6-9, 2022
- Where
- Kuwait
- Why
- To replace Russian oil imports halted due to U.S. sanctions
Proponents of the Purchase
Opponents of the Purchase
Economic Necessity
Proponents of the Purchase
Reliance needed to secure oil supplies after halting Russian imports
Opponents of the Purchase
Opponents may argue that supporting sanctioned countries is unethical
- Cargoes
- 500,000 barrels of Kuwait Heavy Crude and 500,000 barrels of Eocene crude
- Loading Dates
- December 6-9, 2022
- Previous Russian Imports
- At least 12 million barrels of spot crude from Middle East and Americas since halting Russian imports