{"id":311494,"date":"2020-01-21T12:24:25","date_gmt":"2020-01-21T06:54:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=311494"},"modified":"2020-01-21T13:26:11","modified_gmt":"2020-01-21T07:56:11","slug":"indias-oil-imports-from-middle-east-falls-to-4-yr-low-in-2019-trade","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-oil-imports-from-middle-east-falls-to-4-yr-low-in-2019-trade\/","title":{"rendered":"India&#8217;s oil imports from Middle East falls to 4-yr-low in 2019: Trade"},"content":{"rendered":"<p>India&#8217;s imports of Middle Eastern oil plunged to a four-year low in 2019, tanker data obtained from sources shows, as the energy-hungry nation diversifies its supplies to cut costs and help shield itself from geopolitical tensions. <\/p>\n<p>India, the world&#8217;s third-biggest oil consumer, imports about 84% of its oil needs and traditionally relies on the Middle East for the majority of its supplies. However, the region&#8217;s share of India&#8217;s crude shrank to 60% last year &#8211; down from 65% a year ago and the lowest since 2015 &#8211; as record output from the United States and countries like Russia offered opportunities for importers to tap other sources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s imports of Middle Eastern oil plunged to a four-year low in 2019, tanker data obtained from sources shows, as the energy-hungry nation diversifies its supplies to cut costs and help shield itself from geopolitical tensions. India, the world&#8217;s third-biggest oil consumer, imports about 84% of its oil needs and traditionally relies on the Middle East for the majority of its supplies. However, the region&#8217;s share of India&#8217;s crude shrank to 60% last year &#8211; down from 65% a year ago and the lowest since 2015 &#8211; as record output from the United States and countries like Russia offered opportunities [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-311494","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=311494"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311494\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=311494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=311494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=311494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}