Daily Energy Report
India in focus—crude & LNG imports & blackouts, US bunkering hub, US gas power, Blackstone power bets, Asia ethane, UK oil tax, Brazil rare earths, EU discusses lower Russia price cap, and more.
May 19, 2025
Chart of the Day
EOA: India’s Total Crude Imports and Imports from Russia are Expected to Hit a Record High this Summer
Summary
India’s oil demand is rising and so are its imports. Figure (1) shows trends in India’s crude oil imports from Russia with our forecasts for May, June, and July.