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India’s Oil Refiners Process Record Crude Volume On Higher Demand

OIL

Oil refiners in India processed a record volume of crude last month, according to preliminary data from the Ministry’s Petroleum Planning and Analysis Cell.

  • Indian refiners processed 23mn tons of crude last month, up by 3.1% year on year.
  • For the full fiscal year to March 31, volumes were also the highest ever at 255.2mn tons, up by 5.6% on the year,
  • Crude oil imports in March rose 7.9% on the year to 20.5mn tons. For the fiscal year imports increased by 9.4% year on year to 232.4mn tons.

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