Oil refiners operated at an average rate of 96.82 per cent in April 2021
The country s crude oil processing fell in April from the previous month with top refiners reducing crude runs as a fierce second wave of coronavirus infections curbs mobility and demand for fuel. Refiners processed about 4.9 million barrels per day (bpd) or 19.89 million tonnes of oil last month, government data showed. That was 1.2 per cent lower than March levels but a 35 per cent jump from a year earlier. As of now, the companies are not operating at maximum capacity because several states have placed partial shutdowns and have granted permission to operate at half capacity, said Gaurav Garg, Head of Research at CapitalVia Global Research.
India s crude oil processing registers second straight YoY gain in Jan
Crude oil throughput in January rose 0.6% year on year to 5.16 million barrels per day (21.81 million tonnes), the highest since November 2019, according to provisional government data
Reuters | February 20, 2021 | Updated 10:13 IST
India s crude oil processing registered its second straight year-on-year gain in January, while hitting a more than one-year high, as fuel demand improved on the back of a gradual increase in industrial and economic activity.
Crude oil throughput in January rose 0.6% year on year to 5.16 million barrels per day (21.81 million tonnes), the highest since November 2019, provisional government data showed on Friday.