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via timesofindia.indiatimes.comEconomy

India's record oil imports hit 5.6 million bpd as Middle East, Russia supplies rise

FROM THE WIRE · TIMESOFINDIA.INDIATIMES.COM

NEW DELHI: India's crude oil imports hit a record high of around 5.6 million barrels per day (bpd) in October, with refiners stepping up purchases from

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRecord Indian crude imports affect oil prices and global energy demand.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01India's crude imports reached about 5.6 million barrels per day in October.
  2. 02Refiners stepped up purchases from the Middle East and Russia.
  3. 03The figure is a record high for India according to the report.

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