Russia, Middle East turn equal contributors to India’s crude basket as flows shift

Indian refiners may expand inflows of West African and US crude if the recent production cuts by OPEC+ squeezes supplies, although inflows from Russia are expected to dominate the import basket for the rest of the year, analysts and trade sources told S&P Global Commodity Insights. While the recent cuts have raised concerns on the supply-demand imbalance, Indian refiners are…