India imported 15.18 million mt, or an average 3.71 million b/d, of crude oil in September, down 9.8% year on year, latest provisional data from the country’s Petroleum Planning and Analysis Cell showed, continuing a weak trend as the fall-out from the coronavirus pandemic continues to dampen domestic fuel demand. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The imports in September were 10% lower than in August, reflecting a slowdown in economic activity due to movement restrictions imposed by the government to combat the spread of COVID-19. Over January-September, India’s crude imports fell 11.2% on year to 148.68 million mt or 3.98 million b/d, the PPAC data showed. However, Asia’s third-largest petroleum consumer is poised to raise crude imports in the fourth quarter as major refineries lift run rates to boost transportation fuel output for the festive periods in November and December. […]