Is India's appetite for US crude oil sustainable?

India, one of the fastest growing oil demand centers in Asia, has added the US to its long list of crude suppliers.

Early this month, Indian Oil Corp sealed its first deal to import US crude. This was followed shortly by BPCL's purchase of Mars and Poseidon grades.

Sambit Mohanty, S&P Global Platts senior editor for oil news and analysis, explains why India's diversification is crucial and what it could mean to Middle Eastern suppliers.


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