Latin America, U.S. shares in India's oil imports rise; West Asia, Africa down

India's imports from Latin America, led by a boost in Mexican supplies, increased to 414,450 barrels per day oil in August.

India's crude oil importsrose to a four-month high in August, recovering from the near one-year low in July, with refiners buying incremental barrels mainly from Latin America and the United States, tanker data from trade sources showed.

The world's third-biggest oil importer and consumer bought 4.2 million barrels per day (bpd) last month, as some refiners plan to boost runs in anticipation of pent-up demand around the festival season.

The two regions, the United States and Latin America, accounted for about a fifth of India's August imports as refiners booked long-haul crudes in end-May and June to gain from arbitrage. That led to a decline in the share of West Asia and Africa oil, the data showed.