New Delhi- The Covid19 pandemic disturbances have changed the structure of the India's oil and gas sector with the share of OPEC crude in Indian oil imports falling to a decade-low level in July. As per data with industry sources, the oil cartel's share in India's oil imports fell to about...
Tag: New Delhi
Middle East Share Of India’s Oil Imports At Over Two-Year High In July
New Delhi- Middle Eastern oil accounted for 71.5% of India's oil imports in July, its highest share in 26 months, while imports from Africa were up to 5%, the lowest in at least 14 years, data from trade sources revealed on Friday. Analysts stated lower fuel demand and paltry refining...