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Market Chatter: Turkey Diversifies Fuel Sources Driving US, Indian Imports to Record Highs

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Turkey accelerated non-Russian purchases in August, lifting imports from the US and India to historic highs driven by a Russian diesel export ban and Middle East supply disruptions, Reuters reported Thursday.

Turkey imported upwards of 120,000 barrels per day of Indian diesel alongside 90,000 bpd from the U.S., marking the highest monthly totals on record since 2017, according to the report citing Kpler's data.

Alternative tracking from Energy Aspects similarly estimated multi-year highs of 74,000 bpd from India and 70,000 bpd from the US, the report added.

All the relevant parties did not immediately respond to' request for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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