April crude imports dip 4.3% year-on-year, but oil bill jumps over 50% on price surge
April saw a 4.3% decrease in crude oil imports compared to the previous year. However, the overall oil bill surged by over 50% due to rising prices. This trend highlights the impact of global market fluctuations on domestic energy costs.
- ▪Crude oil imports in April fell by 4.3% year-on-year.
- ▪The oil bill increased by more than 50% driven by price surges.
- ▪The situation reflects the volatility of global oil markets.
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Atul Mathur is a Senior Assistant Editor at The Times of India with over 27 years of experience in journalism. Based in Delhi, he has spent much of his career reporting on governance, public policy and politics, churning out researched, data-driven stories that impact daily lives. Atul is known for investigative depth and strong human-interest narratives as he strives to bring clarity and context to complex issues. He currently tracks the energy sector, writing on power, renewable energy, coal and mines.Read More
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