India’s Oil Imports From North America Break Another Record ...Middle East

The United States and Canada accounted for 11 percent of India’s crude oil imports in January—a record-high share of North American crude for the world’s third-largest oil importer, Reuters reported on Monday, citing data obtained from trade sources. India’s total crude oil imports last month averaged around 4.8 million barrels per day (bpd), down from a three-year high in December, but slightly up compared to January last year. In December 2020, India’s crude oil imports were estimated to have jumped by 29 percent…

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