In the financial year 2024, Indian Oil Corporation Limited imported around 65.2 million metric tons of crude oil. Since the financial year 2015, a constant rise in the import volume of crude oil by this company occurred, with a slight decrease during 2021 and 2024. A diversified mix of supply sources was maintained while conducting crude oil procurement. IOCL entered into term contracts with U.S. suppliers to maintain an uninterrupted supply of crude oil.
Import volume of crude oil by Indian Oil Corporation Limited from financial year 2015 to 2024
(in million metric tons)
India's financial year starts in April and ends in March. For example, FY2019 started in April 2018 and ended in March 2019.
Values have been rounded.
Data from previous reports has also been used.
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IndianOil. (July 17, 2024). Import volume of crude oil by Indian Oil Corporation Limited from financial year 2015 to 2024 (in million metric tons) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1126154/iocl-crude-oil-import/
IndianOil. "Import volume of crude oil by Indian Oil Corporation Limited from financial year 2015 to 2024 (in million metric tons)." Chart. July 17, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1126154/iocl-crude-oil-import/
IndianOil. (2024). Import volume of crude oil by Indian Oil Corporation Limited from financial year 2015 to 2024 (in million metric tons). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1126154/iocl-crude-oil-import/
IndianOil. "Import Volume of Crude Oil by Indian Oil Corporation Limited from Financial Year 2015 to 2024 (in Million Metric Tons)." Statista, Statista Inc., 17 Jul 2024, https://www.statista.com/statistics/1126154/iocl-crude-oil-import/
IndianOil, Import volume of crude oil by Indian Oil Corporation Limited from financial year 2015 to 2024 (in million metric tons) Statista, https://www.statista.com/statistics/1126154/iocl-crude-oil-import/ (last visited January 08, 2025)
Import volume of crude oil by Indian Oil Corporation Limited from financial year 2015 to 2024 (in million metric tons) [Graph], IndianOil, July 17, 2024. [Online]. Available: https://www.statista.com/statistics/1126154/iocl-crude-oil-import/