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India's crude imports fall to lowest in over a decade in July

Aug 21, 2020 12:41 IST

India’s crude oil imports fell in July to their lowest since March 2010 as fuel demand slowed amid renewed coronavirus-induced lockdowns and closures of refinery units for maintenance, government data showed.

Crude oil imports in July slumped about 36.4% year-on-year to 12.34 million tonnes, data from the Ministry of Petroleum & Natural Gas showed.

Economy