Signal · Supply Chain & Logistics
India's August crude oil imports fall over 11% month-on-month
What the source reported
Source-reportedIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual basis, imports also dropped by three percent. Although there was a rise in product imports from the prior month, year-on-year comparisons showed a sharp decrease. Fuel consumption reached a concerning low, the weakest since September 2024.
- Publication
- The Economic Times - Industry · Trade Publication
- Published
- 18th September 2026
- Original report
- economictimes.indiatimes.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supply Chain & Logistics
- Geography
- India
- Organisations
- None identified
- Collected
- 18th September 2026 · 12:44
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Low (18.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth