India’s Oil Imports from the US: How Beneficial Are They?
India has been importing oil from the US to diversify away from the Middle Eastern Crudes. However, the weak oil demand, with attendant supply glut and contest for market share are reshaping global energy politics. This article examines the extent to which increasing oil imports from the US would be conducive for India's energy needs and the possible trade-off for the Indian refineries.
- Published: November 2020