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Tag: New Delhi

  • Breaking News
By ICBPS Editorial Board August 25, 2020

Demand Squeeze In India Reduces OPEC Share In Oil Imports

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...

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  • Breaking News
By ICBPS Editorial Board August 23, 2020

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...

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