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U.
S.
Energy Secretary Dan Brouillette said Tuesday that U.
S.
oil supplies to India have grown tenfold over the past few years, from 25,000 b/d of U.
S.
oil imports a few years ago to 250,000 b/d
now.
However, the United States is India's
sixth-largest oil supplier.
India began importing crude oil from the United States in 2017 as it looks to expand its sources
of imports outside OPEC countries.
It bought 1.
9 million mt (38,000 b/d) of crude oil from the U.
S.
in 2017-18 and another 6.
2 million mt (124,000 b/d) in 2018-19 day) of crude oil
.
In the first six months of the fiscal year (2019-20), the United States supplied 5.
4 million mt of crude oil
to India.
Iraq is India's largest supplier of crude oil, meeting almost a quarter
of the country's oil needs.
Between April and September, the company sold 26 million mt of crude
oil to India.
India is highly dependent on imported oil to meet its needs, accounting for 83%.
India bought 111.
4 million mt of crude
oil from overseas between April and September 2019.
Saudi Arabia, traditionally India's main source of oil, has fallen to second place, exporting 20.
7 million mt of crude in
the first six months.
U.
S.
Energy Secretary Dan Brouillette said Tuesday that U.
S.
oil supplies to India have grown tenfold over the past few years, from 25,000 b/d of U.
S.
oil imports a few years ago to 250,000 b/d
now.
However, the United States is India's
sixth-largest oil supplier.
India began importing crude oil from the United States in 2017 as it looks to expand its sources
of imports outside OPEC countries.
It bought 1.
9 million mt (38,000 b/d) of crude oil from the U.
S.
in 2017-18 and another 6.
2 million mt (124,000 b/d) in 2018-19 day) of crude oil
.
In the first six months of the fiscal year (2019-20), the United States supplied 5.
4 million mt of crude oil
to India.
Iraq is India's largest supplier of crude oil, meeting almost a quarter
of the country's oil needs.
Between April and September, the company sold 26 million mt of crude
oil to India.
India is highly dependent on imported oil to meet its needs, accounting for 83%.
India bought 111.
4 million mt of crude
oil from overseas between April and September 2019.
114
Saudi Arabia, traditionally India's main source of oil, has fallen to second place, exporting 20.
7 million mt of crude in
the first six months.
