Oil churn: How the UAE's exit from Opec may benefit New Delhi
While Opec accounts for around 40% of India's oil needs, UAE accounts for around a tenth of India's overall oil imports. India is a net energy import with 90% of its oil requirement being imported.
source https://www.livemint.com/news/india/uaes-exit-from-opec-an-opportunity-for-india-to-source-more-crude-experts-oil-gas-petroleum-products-ener-11777389771296.html
source https://www.livemint.com/news/india/uaes-exit-from-opec-an-opportunity-for-india-to-source-more-crude-experts-oil-gas-petroleum-products-ener-11777389771296.html
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