India’s crude oil imports from the US likely to hit record low in August
Washington’s crude oil supply has become increasingly light, which does not always fit naturally into the refining diet of India
India's crude oil imports from the US are expected to reach their lowest levels since December 2024 in August, according to Kpler data. Refinery economics are driving demand for medium-to-high sour crude, while choke points in the Strait of Hormuz and Bab-el-Mandeb have increased logistics costs. Indian refiners are seeking lower supplies from the US, as the light sweet crude grades provide more petrol and naphtha.
However, India's refineries are configured for medium-to-high sour grades like Ural, Murban, and Basrah. Longer voyages and higher freight costs also contribute to the lower imports. While global crude exports from the US may be high, India's imports contrast significantly, with a range of 70,000-80,000 barrels per day expected in August.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
