India’s Increasing Imports of Crude Oil

Surging global benchmark crude oil rates, tied with a depreciating Indian rupee against the United States dollar (US$) and India’s increasing dependence on crude oil imports, are likely to push India’s crude oil import bill higher. This insight sheds light on the historical trends of the Indian basket and the value of India’s crude oil imports.

Yagyavalk Bhatt

Research Lead Yagyavalk Bhatt is an energy professional with more than seven years of experience in the transportation and electricity domain. Yagyavalk…

Yagyavalk Bhatt is an energy professional with more than seven years of experience in the transportation and electricity domain. Yagyavalk leads “The Role of Clean Energy Policies: Trends in India’s Transport Sector” project, aimed at estimating India’s transport energy demand and potential impact on crude oil supply chain.

His expertise covers energy policy, energy economics, transport modeling, the impact analysis of transport policies, emerging economies energy transition, renewable energy, and cost-benefit analysis of the transport and electricity sector. He has authored and contributed to numerous research papers and studies related to the transportation and electricity sector.

Expertise