Home / Knowledge / News / Textiles / Crude oil imports for April surge despite high Intl prices

Crude oil imports for April surge despite high Intl prices

31
May '08
Despite prices standing at US $127 per barrel, crude oil imports of India saw a marginal growth to touch 11.04 million tons in April driven by a 6.3 percent increase in consumption due to high diesel demand.

This was against 10.99 million tons imported in the previous month. This apart, petroleum product demand surged by 11.241 million tons against 10.571 million tons recorded in April last year.

Again, Diesel demand grew by 13.1 percent to 4.49 million tons while LPG and petrol consumption also registered a growth of 995,900 tons and 942,000 tons respectively.

Petroleum product imports of India mounted by 53 percent to 2.23 million tons with figures for diesel touching to 666,000 tons and naphtha, 557,800 tons.

In contrast to the ever increasing imports, exports plunged by 3.5 percent to 2.671 million tons. Naphtha in particular, witnessed a dip of 27.6 percent to 569,400 tons.


Interviews View All

Rashi Menda, Zapyle

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Shawn Honeycutt, Bolger & O'Hearn

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Yash Maniyar, Rekha Maniyar

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Alphonse Reddy,

Alphonse Reddy

Bangalore-based Sunday designs and makes mattresses and accessories that...

Christiane Thies,

Christiane Thies

Founded in 1892, Thies has concentrated on the fabrication of high-quality ...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search