<p class="MsoNormal">Following a reduction in official selling price (OSP), India’s oil import from the Middle East recorded an eight-month high in October. On the contrary, import of African crude declined to a three-month low. India’s crude import from Middle Eastern producers increased 27% in October to 2.7 million barrels per day (bpd) as compared to September figures. However, African crude imports fell 39% to 439,300 bpd.</p>
