{"id":358555,"date":"2020-06-22T10:28:27","date_gmt":"2020-06-22T04:58:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358555"},"modified":"2020-06-22T10:28:27","modified_gmt":"2020-06-22T04:58:27","slug":"indias-may-crude-oil-imports-post-biggest-decline-since-at-least-2005","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-may-crude-oil-imports-post-biggest-decline-since-at-least-2005\/","title":{"rendered":"India&#8217;s May crude oil imports post biggest decline since at least 2005"},"content":{"rendered":"<p>India&#8217;s crude oil imports in May fell 22.6% from a year earlier, it&#8217;s biggest drop since at least 2005, as fuel demand and refinery production was hurt by a country-wide lockdown to curb the spread of coronavirus.<\/p>\n<p>Crude oil imports fell to 14.61 million tonnes, it&#8217;s lowest since 2015, Petroleum Planning and Analysis Cell data showed on Friday.<\/p>\n<p>Oil products imports eased 0.8% to 3.57 million tonnes year-on-year, while exports rose by 5.9% to 5.75 million tonnes, gaining for a ninth straight month in May as slowing demand at home prompted companies to ship more oil overseas.<\/p>\n<p>The country has relaxed coronavirus-led restrictions in lower risk areas, which is expected to improve demand and scale up crude processing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s crude oil imports in May fell 22.6% from a year earlier, it&#8217;s biggest drop since at least 2005, as fuel demand and refinery production was hurt by a country-wide lockdown to curb the spread of coronavirus. Crude oil imports fell to 14.61 million tonnes, it&#8217;s lowest since 2015, Petroleum Planning and Analysis Cell data showed on Friday. Oil products imports eased 0.8% to 3.57 million tonnes year-on-year, while exports rose by 5.9% to 5.75 million tonnes, gaining for a ninth straight month in May as slowing demand at home prompted companies to ship more oil overseas. The country has [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-358555","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358555","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358555"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358555\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}