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Home International Customs India

India’s Aug oil imports up 4.4% from yr ago

byCT Report
16/09/2016
in India, International Customs
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NEW DELHI: India’s oil imports in August rose 4.4 percent from a year ago and 0.9 percent from July to around 4.3 million barrels a day, according to trade sources and ship-tracking data compiled by Thomson Reuters Supply Chain & Commodities Research.

India’s oil imports from Iran rose 10 percent in August compared with July, with the OPEC producer emerging as the third-biggest oil supplier to the South Asian nation, improving its ranking by a notch from July.  August oil imports from Latin America declined 34 percent from a year ago, while Middle East shipments rose by 29 percent. Shipments from Africa declined by 30 percent.

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The following table shows India’s crude imports by country according to tanker arrival information. The imports include condensate. Volumes are in ‘000 bpd.

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