{"id":456384,"date":"2021-12-16T09:35:03","date_gmt":"2021-12-16T04:05:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=456384"},"modified":"2021-12-16T11:23:36","modified_gmt":"2021-12-16T05:53:36","slug":"mideast-share-of-nov-indian-oil-imports-at-16-mth-high-african-grades-slip","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mideast-share-of-nov-indian-oil-imports-at-16-mth-high-african-grades-slip\/","title":{"rendered":"Mideast share of Nov Indian oil imports at 16-mth high, African grades slip"},"content":{"rendered":"<p>The share of Middle Eastern oil in India&#8217;s overall crude imports rebounded to a 16-month high in November as refiners shunned costly Brent-linked long haul grades, tanker arrival data obtained from trade sources showed.<\/p>\n<p>Imports of Middle Eastern oil by the world&#8217;s third biggest oil importer and consumer surged to 3.07 million barrels per day (bpd), the most in 11 months and about 71.1% of country&#8217;s overall oil imports, the data showed. <\/p>\n<p>On the other hand, the share of African oil plunged to a 16-month low of around 9.7%, or about 419,000 bpd, the data showed. <\/p>\n<p>India&#8217;s oil imports totalled 4.32 million bpd oil in November, up 6.4% from October and 9.2% from a year earlier, the data showed, as refiners cranked up runs to meet rising fuel demand amid a recovery in refined fuel cracks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The share of Middle Eastern oil in India&#8217;s overall crude imports rebounded to a 16-month high in November as refiners shunned costly Brent-linked long haul grades, tanker arrival data obtained from trade sources showed. Imports of Middle Eastern oil by the world&#8217;s third biggest oil importer and consumer surged to 3.07 million barrels per day (bpd), the most in 11 months and about 71.1% of country&#8217;s overall oil imports, the data showed. On the other hand, the share of African oil plunged to a 16-month low of around 9.7%, or about 419,000 bpd, the data showed. India&#8217;s oil imports totalled [&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":[135,130,169],"tags":[],"class_list":["post-456384","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/456384","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=456384"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/456384\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=456384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=456384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=456384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}