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India’s May Crude Output Fell 1.9% YoY

OIL

India’s crude oil production May fell by 1.9% year on year in May, with overall key industries’ output up by 4.3% on the year according to the Central Statistics Office.

  • Natural gas fell 0.3% y/y
  • Petroleum refinery products rose 2.8% y/y
  • Electricity output fell 0.3% y/y

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