India's Iran oil imports fall to 5-month low in August
India shipped in about 198,800 barrels per day (bpd) of Iran oil in August, down 7.7 per cent from July, the data showed./ NEW DELHI: India's oil imports from Iran slumped 27 per cent to a five-month low in August from a high base last year and ahead of a planned shutdown by two refineries, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts. Essar Oil and Mangalore Refinery and Petrochemicals Ltd would shut units at their refineries for about a month from mid-Septemebr, leading to lower ...
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