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India's oil import bill doubles to USD 119 bn in FY22

Indias crude oil import bill nearly doubled to USD 119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the return of demand and war in Ukraine.India, the worlds third biggest oil consuming and importing nation, spent USD 119.2 billion in 2021-22 April 2021 to March 2022, up from USD 62.2 billion in the previous fiscal year, according to data from the oil ministrys Petroleum Planning Analysis Cell PPAC.It spent USD 13.7 billion in March alone, when o...
Saudi Arabia Petroleum Planning Analysis Cell Petroleum Planning Analysis Cell Sd 113 Billion Sd 140

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Indian Crude Oil Basket Price Rose Back-Up Close to $100 A Barrel On April 12, Reflecting Global Markets' Wild Gyrations

The Indian crude oil basket price rose to $99.86 per barrel on April 12, 2022, at an exchange rate of Rs 76.11 per dollar, up from $97.82 per barrel the previous day at (Rs/$) 75.96.
Petroleum Ministry Sources Indian Crude Oil Basket Price Rose Petroleum Planning Petroleum Ministry Barrel On April Reflecting Global Market Wild Gyrations
Source: ndtv.com

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