India’s Crude Imports Surge, Soon to Eclipse Japan’s

摘要

India’s June crude oil imports rose 13% year-on-year as domestic production fell and product demand continued to grow. The South Asian nation, which is set to replace Japan as the world’s third-largest oil guzzler, imported 17.67 million tons, or 4.32 million b/d, in June, against 15.62 million tons, or 3.82 million b/d, at the same time last year, according to preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell.