The share of Canada and the United States of America in India’s January oil imports surged to a record 11% while that of the Middle East and South America declined, data obtained from sources showed. A boy walks past an oil tanker train stationed at a railway station in Ghaziabad, on the outskirts of New Delhi, February 1, 2019. REUTERS/Anushree Fadnavis/Files Asia’s third-largest economy imported about 4.8 million barrels per day (bpd) oil in January, a decline of 6% from the previous month and marginally higher than a year earlier. India’s imports from Canada and the United States almost doubled from December to 142,000 bpd and 367,000 bpd, respectively. The United States emerged as the fourth-biggest supplier to India after the United Arab Emirates. “Demand for gasoline in India recovered at a faster pace than other products and North American grades are gasoline-rich,” said Ehsan […]