India’s August Iran Oil Imports Drop To Lowest In 18 Months

India’s August Iran Oil Imports Drop To Lowest In 18 Months

India imported 335,400 barrels per day (bpd) oil from Iran in August, the lowest level since February 2016, posting a fall of about 42 percent from a year ago, according to ship tracking data obtained from industry sources and data compiled by Thomson Reuters Oil Research & Forecasts.

Iraq Top Oil Exporter To India For Fourth Straight Month

Iraq Top Oil Exporter To India For Fourth Straight Month

India’s oil imports from Iraq rose 31.5 percent in July from a month ago, shipping data showed, allowing the Middle Eastern country to retain the top supplier spot for the fourth consecutive month amid declines from sellers like the United Arab Emirates, Venezuela and Iran.