OPEC's share of Indian oil imports in October hits lowest since 2011 – Reuters
|Reuters reports the latest tanker data from sources, showing that OPEC’s share of India’s oil imports hit the monthly lowest since at least 2011.
Additional Details:
“OPEC’s share of India’s oil imports fell to 73% in October.
India, the world’s third-biggest oil importer, shipped in 4.56 million barrels per day (bpd) of oil in October, about 3.3% less compared with a year ago.
Of that, it bought 3.43 million bpd from OPEC.
OPEC’s share of India’s imports in September was about 81%.
India shipped in a record 336,000 bpd of U.S. oil in October, about 7.5% of total imports.”
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