Russian Oil Imports Cut OPEC's Share Of Indian Market To 22-Year Low
Monday, 24 April 2023Newsdesk
Members of OPEC, mainly from the Middle East and Africa, saw their share of India's oil market slide to 59% in the fiscal year to March 2023, from about 72% in 2021/22.
New Delhi 24 April 2023
As per news report of NDTV,OPEC's (Organization of the Petroleum Exporting Countries) share of India's oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as intake of cheaper Russian oil surged, data obtained from industry sources show, and the major producers' share could shrink further this year.
Source - NDTV
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