India's import of US oil jumps 10-fold to 2,50,000 bpd

India began importing crude oil from the US in 2017 as it looked to diversify its import basket beyond the OPEC nations. It bought 1.9 million tonnes (38,000 bpd) of crude oil from the US in 2017-18 and another 6.2 million tonnes (1,24,000 bpd) in 2018-19. In the first six months of current fiscal (2019-20), US supplied 5.4 million tonnes of crude oil to India.

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