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Indian Oil Products, Crude Oil Imports Fell In April

OIL
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Indian crude oil and oil products imports fell on the month and on the year in April according to provisional data from the oil ministry’s Petroleum Planning & Analysis Cell.

  • Crude imports fell by 8.3% year on year to 19.8mn tons.
  • Oil product imports – LPG, fuel oil and diesel - last month fell to 2.995mn tons, down by 17.8% on the month and by 28.3% on the year.
  • Diesel imports rose by 7.6% on the month to 6mn tons, also up by 134% on the year.
  • Oil products exports – diesel, gasoline and naptha – declined by 27.3% month on month in April to 4.365mn tons, also down by 19.7% on the year.
  • Consumption of fuel in India, a proxy for oil demand, fell by 0.2% from a year earlier to 18.409mn tons in April.
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Indian crude oil and oil products imports fell on the month and on the year in April according to provisional data from the oil ministry’s Petroleum Planning & Analysis Cell.

  • Crude imports fell by 8.3% year on year to 19.8mn tons.
  • Oil product imports – LPG, fuel oil and diesel - last month fell to 2.995mn tons, down by 17.8% on the month and by 28.3% on the year.
  • Diesel imports rose by 7.6% on the month to 6mn tons, also up by 134% on the year.
  • Oil products exports – diesel, gasoline and naptha – declined by 27.3% month on month in April to 4.365mn tons, also down by 19.7% on the year.
  • Consumption of fuel in India, a proxy for oil demand, fell by 0.2% from a year earlier to 18.409mn tons in April.