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Tag: India’s refined oil export

India’s crude oil import bill falls, but import dependency hits new high

Posted on April 17, 2024 By admin
India’s crude oil import bill falls, but import dependency hits new high

Data from the Oil Ministry showed that India paid $132.4 billion for oil imports in FY24. File | Photo Credit: Reuters India’s crude oil import dropped 16% in the fiscal year ended March 31 due to lower international rates, but the dependency on overseas suppliers rose to a new high, official data showed. India imported…

Read More “India’s crude oil import bill falls, but import dependency hits new high” »

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