India Remains Dependent on Imports for 90% of Oil Demand | HappeningNow.news

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India Remains Dependent on Imports for 90% of Oil Demand

Despite a decline in dependence on primary energy imports, India remains highly dependent, at a massive 90%, on crude oil imports for its…

Source OilPrice AI Summary Updated 2h 40m ago
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Read time 1 min ~61 words

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Despite a decline in dependence on primary energy imports, India remains highly dependent, at a massive 90%, on crude oil imports for its consumption, a new industry report has shown. India’s dependence on primary energy imports fell to 42% in the financial year 2025 from 47% in FY 2017, according to a joint report by the Confederation of Indian Industry (C…

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