CHANGES EXPRESSED IN PERCENTAGE POINT TERMS WHERE ORIGINAL PRICES ARE PERCENTAGES. source: India Customs, MEES Calculations.

INDIA TOP 3 SUPPLIERS (‘000 B/D): IRAQ STRETCHES LEAD OVER SECOND PLACE SAUDI, IRAN REBOUNDS FROM A LATE-2017 DIP*
*REUTERS ESTIMATES A FURTHER RISE TO 640,000 B/D FOR APRIL BASED ON SHIPPING DATA. SOURCE: INDIA CUSTOMS, MEES CALCULATIONS.