Crude import bill down 13% to $71 bn in Apr-Oct

India’s crude import bill declined by 13% to $71.2 billion during April-October of FY26, compared with $81.9 billion in the year-ago period thanks to lower prices, according to data from the government’s petroleum planning and analysis cell. The country imported 142.7 million tonnes of crude oil during April to October, up from 140.6 million tonnes in the same period of previous fiscal.