On an annual basis, imports fell 5.8%, data from the Petroleum Planning and Analysis Cell website showed.

The decline in revenue comes amid maintenance work at refineries including Reliance Industries and Indian Oil Corp.

Russia’s share of India’s April-September crude oil imports rose to 17% from 0.7% a year earlier, data sources show.

India has become Russia’s second largest oil buyer after China and is benefiting from…



Source link