Crude runs, oil demand feel pain as India's COVID-19 crisis hits like never before
Singapore — Indian refiners have so far stayed away from slashing crude run rates sharply despite the surge in COVID-19 cases to record highs, but with a rise in regional lockdowns and its subsequent impact on mobility and industrial activity, analysts said they will be forced to scale back crude runs in anticipation of a slowdown in oil demand. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now However, analysts told S&P Global Platts that the run cuts may not be substantial as export demand for some oil products rema...