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Abstract

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.

Authors

Yagyavalk Bhatt

Yagyavalk Bhatt

Research Associate Yagyavalk is a senior research analyst who has worked on developing the KAPSARC Renewable Energy Policy Atlas and the KAPSARC…

Expertise

  • Energy market
  • renewable energy transition and climate finance

Publications See all Yagyavalk Bhatt’s publications

Political Feasibility of Enhancing India’s Midcentury Target for Emissions Intensity

Political Feasibility of Enhancing India’s Midcentury Target for Emissions Intensity

Surging global benchmark crude oil rates, tied with a depreciating Indian rupee against the United…

September 18, 2019
India’s Increasing Imports of Crude Oil

India’s Increasing Imports of Crude Oil

Surging global benchmark crude oil rates, tied with a depreciating Indian rupee against the United…

September 18, 2019
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