India's crude oil import bill for the current fiscal is likely to be $62 billion, nearly half of the previous year, as prices continue to fall down due to supply surplus.
On Friday, closing crude values have reduced.WTI on NYME closed at $29.64/bbl, reduced by $1.13/bbl compared to last closing prices. While Brent on Inter Continental Exchange reduced by $1.27/bbl compared to last trading and was assessed around $33.01/bbl.
