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India's Crude Oil import up by 55% at 16.25 million tons in August as cargoes arrive from Saudi Arabia, Iraq, UAE & Nigeria.

India's Crude Oil import up by 55% at 16.25 million tons in August as cargoes arrive from Saudi Arabia, Iraq, UAE & Nigeria.

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by staff ()

During the period January to August 2017, India imported 99.52 million MT of Crude Oil. The country imported 12.87 million MT of Crude Oil in January 2017, 10.54 million MT in February, 15.09 million MT in March, 10.96 million MT in April, 14.47 million MT in May, 8.79 million MT in June, 10.52 million MT in July and 16.24 million MT in August 2017. During the period January to August 2016, India imported 101.33 million MT of Crude Oil. As per the data analysis by our team, import of the country has decreased by 2% during Jan to August 2017, as compared to the same period last year i.e. Jan to August 2016. Crude Oil import of India has gone up by 54% in August 2017, as compared to last month i.e. July 2017. Compared to same period last year i.e. August 2016, India Crude Oil import has marked up by 8% in August 2017.