{"id":532739,"date":"2022-10-29T12:35:49","date_gmt":"2022-10-29T07:05:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=532739"},"modified":"2022-10-29T13:22:24","modified_gmt":"2022-10-29T07:52:24","slug":"indias-crude-oil-import-bill-soars-76-to-90-3-billion-in-april-september","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-crude-oil-import-bill-soars-76-to-90-3-billion-in-april-september\/","title":{"rendered":"India\u2019s crude oil import bill soars 76% to $90.3 billion in April-September"},"content":{"rendered":"<p>India\u2019s crude oil import bill surged 76% to $90.3 billion in the first half of 2022-23 even as the total import quantity increased by 15% to 116.6 million tonnes because of supply squeeze by the producer\u2019s cartel who wants for keep international oil prices artificially high, official data showed.<\/p>\n<p>In the month of September , India\u2019s crude oil import was almost stagnant at 17.6 million tonnes compared to 17.5 million tonnes a year ago, but it jumped 38% by value on account of rising prices. India purchased crude worth $12.8 billion in September compared to $9.3 billion it spent in the same month a year ago.<\/p>\n<p>High energy prices are a major global concern . According to the World Bank\u2019s latest Commodity Markets Outlook report, energy prices are expected to jump 60% in the current calendar year before they decline 11% in 2023. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s crude oil import bill surged 76% to $90.3 billion in the first half of 2022-23 even as the total import quantity increased by 15% to 116.6 million tonnes because of supply squeeze by the producer\u2019s cartel who wants for keep international oil prices artificially high, official data showed. In the month of September , India\u2019s crude oil import was almost stagnant at 17.6 million tonnes compared to 17.5 million tonnes a year ago, but it jumped 38% by value on account of rising prices. India purchased crude worth $12.8 billion in September compared to $9.3 billion it spent in [&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":[141,130,183],"tags":[],"class_list":["post-532739","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/532739","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=532739"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/532739\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=532739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=532739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=532739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}