Gulf Oil and Gas accountACCOUNT

India Oil Trade in August 2013

Source: OPEC 9/18/2013, Location: Asia

In July, India’s crude imports averaged 3.77 mb/d, 219 tb/d, or 6% higher than the level seen last month. On an annual basis, the increase is equal to 319 tb/d or 9%. Product imports saw an increase by 28 tb/d or 10% from a month ago to average 314 tb/d. Y-o-y, this reflects a drop of 32 tb/d or 9%. The monthly increase in product imports came mainly as a result of increased imports of naphtha, LPG and fuel oil, while diesel sales and imports declined in July as monsoon rains limited the need for dieseloperated pumps.

In terms of exports, India’s products increased in July by 127 tb/d from the previous month to average 1.4 mb/d, while they increased by 144 tb/d or 12% a year earlier. Monthly exports of petrol dropped by 4% from the previous month while all other product exports increased by a percentage ranging between 0.3% to 27%.

Consequentially, India’s net imports increased by 119 tb/d to average 2.7 mb/d or 5% higher than last month and a year ago.

Oil News in India >>

Russia >>  5/27/2020 - Gazpromneft-Aero, the aviation fuel operator subsidiary of Gazprom Neft, reports a 1.5% year-on-year increase in jet fuel sales in the first quarter o...
Norway >>  5/25/2020 - Production of crude oil and natural gas from a field within licence area PL460 in the North Sea started in March this year. Hydrocarbon reserves attri...

Brazil >>  5/4/2020 - Petrobras informs that it exported 1 million barrels of oil per day in April. This represents a new oil export record and contributes to strengthening...
Tunisia >>  5/4/2020 - Panoro Energy (Panoro) is pleased to provide a corporate update in conjunction with the publication of its 2019 annual report released on 30 April 202...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


India Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.