India’s Crude Oil Imports Fall 13.4% In June - Dollar Advisory | Best Commodity Tips Provider

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India’s Crude Oil Imports Fall 13.4% In June

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India’s June crude oil imports fell 13.4% from a year earlier to their lowest since February 2017, according to official data. Crude imports into the world’s third-biggest oil importer fell to 16.87 million tonnes, which was also a more than 10% fall from May’s 18.87 million tonnes, Reuters reported citing the latest government data. June’s decline came amid the loss of Iranian oil supplies as Washington tightened sanctions on Tehran. Meanwhile, imports of oil products surged by about 20.4% from a year earlier, while year-on-year exports slipped 11.4% last month, the data showed.

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2 comments:

  1. Rahul Parmar17 October 2019 at 16:49

    Crude oil market very affected in any country political issues, disputes and other natural happens. This is very volatile market as compare to gold market but in this we can make huge profit id we have good knowledge about this. Free Commodity Tips

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  2. abhishek19 May 2020 at 23:37

    nice and intersting post. Thanks

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