24 May 2025, Sat

The biggest supply of crude oil for India is now growing rapidly not only from the Middle East, but also from America. In April 2025, the US became India’s fourth largest crude oil supplier and has overtaken the United Arab Emirates (UAE) in this ranking.

According to data from Energy cargo tracking firm Vortexa, India’s purchase of crude oil from the US doubled to 0.33 million barrels per day (MBD), compared to 0.17 MBD last year.

Change came after Trump-Modi’s conversation

This growing energy trade is also being linked to Donald Trump and Narendra Modi’s conversation in Washington in February. At that time the two leaders emphasized on improving bilateral trade imbalance. Foreign Secretary Vikram Misri also indicated that India’s energy purchase could increase from US to $ 15 billion to $ 25 billion.

Now Russia gives India the most oil

Although the presence of America is increasing, but the largest oil supplier for India is still Russia, whose share was 37.8 percent in April. This is followed by Iraq (19.1 fees), Saudi Arabia (10.4 percent), and now America (7.3 percent). UAE’s stake has fallen by 6.4 per cent, which was at number four first. According to a report, the supply was slightly lower in April after the UAE’s huge shipment in March.

Why did American oil increase in India? Know the reason behind

Actually, the export of oil from America to India increased because the shipments sent from America to Europe have reduced. Europe is now looking towards light oil options near it and some refineries are also closed there. As a result, America shifted its focus to Asia, especially India. In April, India bought about 8 percent of the total oil exports of America.

Why are Saudi and UAE lagging behind?

The reason for the decline of older suppliers like Saudi Arabia and UAE is their strategic shipment policy. UAE sent more oil in March, so there was a slight decrease in April. In addition, Saudi Arabia is currently trying to increase its stake in East Asia and Europe. However, Saudi Arabia’s supply may return soon. OPEC+ Group (which includes 23 countries like Saudi and Russia) plans to increase 4 lakh barrels of additional production per day in May and June. The largest part of this is expected to come from Saudi Arabia itself.

Also read: Gold Price: Gold prices fall due to America-China, can the price of 10 grams go up to 85 thousand?

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