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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
REFINING
Crude oil run rates by Indian refiners reached record levels in January, provisional government data shows.
- Refinery throughput at 5.39 million barrels per day (22.80 million tonnes) for January was the highest on records dating back to 2009 (see chart).
- Overall crude oil imports rose to a six-month high last month, while the country's fuel demand is expected to grow 4.7% in the next fiscal year beginning on April 1 according to government estimates.
- Indian refineries' capacity utilisation jumped to 106.91% in January this year from 104.39% the previous month.
- Natural gas output rose close to 4% to 2.97 billion cubic metres year on year, while crude oil production was down 1% year on year to 2.48 million tonnes, the data showed.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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