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India's Crude Oil Imports Surge 16% in September | Markets & Money News
India's crude oil imports surged by 16% in September, reaching 22.26 million metric tons, marking a 9% increase from the previous year. Despite rising crude imports, oil product imports fell slightly by 0.8% from August and 40% year-on-year. Exports saw a rise of over 6% to 5.22 million tons, showcasing a balanced energy market. Russian oil imports significantly decreased by 13.7%, making up about a third of total purchases. Additionally, fuel consumption rose by 3.9% to 19.26 million metric
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