Lower supplies from Russia and traditional West Asian suppliers such as Saudi Arabia and Kuwait dragged down India's crude oil imports by 10.6 per cent in December 2024 to $10.34 billion from $11.57 billion in December 2023, according to official data.

 

Data released by the commerce department shows that imports were down 16.5 per cent sequentially from $12.4 billion of crude imported in November.

 

The data is usually released with a lag of three months.