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The data released by the oil ministry indicated that the crude oil processing volume for November stood at 5.29 million metric tonne (MMT), a slight decrease from the 5.31 MMT processed in November of the previous year.
By Swati Verma (Reuters) - India'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% lower than March levels but a 35% jump from a year earlier. (Graphic: India's crude oil processing slips in April, https://graphics.reuters.com/INDIA-REFINERY/OUTPUT/gjnvwnorypw/chart.png) "As of now, the companies are not operating at m...
Domestic sales of diesel and petrol by state refiners plunged by a fifth in the first half of May from a month earlier, preliminary data showed on Monday
Domestic sales of gasoline and diesel by Indian state refiners plunged by a fifth in the first half of May from a month earlier as lockdowns to curb coronavirus infections hit industrial activities and consumption, preliminary data showed on Monday. Gasoline and diesel sales over May 1-15 fell by about 20 per cent, while jet fuel consumption slumped by nearly 38 per cent, versus April 1-15 levels, the data compiled by the state refiners showed. "Trucking activity is almost half of what it used to be in normal times," SP Singh, senior fellow at Indian Foundation of Transport Research & Trai...