India’s crude oil import bill rose 76% to US$90.3 billion in the first half of 2022-23, although total imports rose 15% to 116.6 million tonnes as the producer cartel, which aims to keep international oil prices artificially high, had a supply shortage, official data showed.
In September, India’s crude oil import was almost flat at 17.6 million tons compared to 17.5 million tons a year ago, but it rose 38% on increases…
