India's Oil Imports Shift Away from OPEC+

The United States overtook the United Arab Emirates (UAE) to become India’s fourth-largest crude oil supplier in April, after the Asian country boosted purchases from America to position itself for a better trade deal.  India’s imports of crude oil from the United States jumped to 330,000 barrels per day (bpd) in April, up from 240,000 bpd in March and double compared to April 2024, according to data compiled by energy cargo tracking firm Vortexa cited by The Times of India.  The share of U.S. oil in India’s overall…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com