NEW DELHI: India’s crude imports fell 7.4 per cent in September from the preceding month as Essar Oil shut its refinery with a capacity to process 400,000 barrels per day for maintenance during part of period, tanker arrival data from sources and compiled by Thomson Reuters Oil Analytics showed.
India’s oil imports from Saudi Arabia in September hit their lowest in a year as the Gulf nation ceded its top seller status to cheaper supplies from Iraq, the data showed.
India’s oil imports from Saudi Arabia in September hit their lowest in a year as the Gulf nation ceded its top seller status to cheaper supplies from Iraq, the data showed. India imported 640,300 barrels per day of oil from Saudi Arabia last month, about 30 per cent lower than in August, though still up 11.4 per cent from a year ago.