Refiners imported 79.4 million metric tonnes of crude oil for $41.6 billion during April July, compared to 81.3 MMT for $64.3 billion in the same period of last fiscal, according to the Petroleum Planning & Analysis Cell (PPAC).
This fall in import expense for the refineries and oil marketing companies (OMC) comes in the backdrop of around 30% fall in international crude oil prices. The Brent crude in July averaged at $80.05 per barrel, compared to $112.70 a barrel in July last year. In June this year, Brent was at $74.70 per barrel. The Indian crude basket price in July averaged at $80.37 per barrel, down from $105.49 during July 2022.
Denne historien er fra August 23, 2023-utgaven av Mint Mumbai.
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Denne historien er fra August 23, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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