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India’s Crude Oil Import Bill Jumps 48% To $74.8 Billion During April-August As Global Prices Surge

India’s Crude Oil Import Bill Jumps 48% To $74.8 Billion During April-August As Global Prices Surge
Photo: Free Press Journal · view original

India’s crude oil import bill increased sharply by 48% to $74.8 billion during the April-August period as global crude prices climbed, even though the country’s import volumes remained almost unchanged, according to a report by Moneycontrol citing data from the Petroleum Planning and Analysis Cel...

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