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Cheaper options knock Gulf's share of Indian June oil imports to 19-month low

Reuters  |  NEW DELHI/SINGAPORE 

By Nidhi Verma and Florence TanNEW DELHI/SINGAPORE (Reuters) - India's reliance on Middle East oil imports shrunk in June to the smallest since October 2015 as the world's third-biggest importer tapped other sources amid OPEC supply cuts, ship tracking data from industry sources and data available on Thomson Reuters Eikon showed.India's imports of Middle Eastern crude oil shrunk in June to the smallest since October 2015 as the world's third-biggest importer tapped other sources amid OPEC supply cuts, ship tracking data available with Reuters showed.Middle East imports fell 7.6 percent in ...

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First Published: Fri, July 14 2017. 12:54 IST
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