India posts 1 percent dip in oil imports over 6 months
(MENAFN) India imported 138,100 bpd of crude oil from Iran through June, but the country's biggest refiner, Indian Oil Corp., bought one million barrels.
However, the inbound shipments were down by about 1 percent at 235,400 bpd throughout the first six month of current fiscal year which began on January.
The Islamic Republic is now trying to recover market share lost due to the bans and has extended crude deals with major Indian buyers into the following year.
However, the inbound shipments were down by about 1 percent at 235,400 bpd throughout the first six month of current fiscal year which began on January.
The Islamic Republic is now trying to recover market share lost due to the bans and has extended crude deals with major Indian buyers into the following year.
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