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India’s Crude Oil Imports Rose 7% in October m/m

OIL

India’s crude oil imports in October rose 7% to 17.95m tons from September. Imports were 5.1% higher year on year.

  • Crude imports recovered after dipping lower during August and September but remain below the peak level of 21.6m tons seen in April 2022.
  • The table below shows details of the India oil ministry Petroleum Planning & Analysis Cell data (in m ton):


Source: Bloomberg

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