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India imported a record 4.6 million bpd oil in 2018

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Reuters  |  NEW DELHI 

By Nidhi VermaNEW DELHI (Reuters) - India imported 4.8 percent more oil in 2018 to a record 4.58 million barrels per day (bpd) as the country increased purchases to feed its expanded refining capacity, ship-tracking data reviewed by Reuters showed.In December the country's oil imports totalled 4.86 million bpd, an increase of about 15 percent from the previous month and about 11 percent more than a year earlier, the data showed.In 2018 Iraq continued to be the top supplier to India on an annual basis for a second year in a row while Saudi Arabia maintained the second position, the data ...

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First Published: Fri, January 11 2019. 22:10 IST