Exports from the port in February were revised up by 0.24 million metric tons from an initial plan to 2.25 million tons or some 590,000 barrels per day, sources said Monday.
India’s reliance on crude oil imports increased to 88.2% during April-January of the current fiscal, up from 87.6% in the same period of FY24, amid rising demand.
The EIA mentioned that the average US imports of crude oil during the past week from eight major countries reached approximately 5.5 million barrels per day.