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Indian refiners' March crude oil runs up 6.4% year-on-year

 Last Update: 2022-05-19
 Source: Internet
 Author: User

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Crude oil processed by Indian refiners rose 6.

Fuel demand in India hit a three-year high in March as markets built up supplies in anticipation of a sharp rise in prices, while easing of virus-related controls boosted demand

Refinitiv analyst Ehsan Ul Haq said as demand increased, refiners had to increase production to meet demand

However, crude production fell more than 3% to about 598,000 barrels per day (2.

This was mainly due to delays in the mobilization of the Sagar Samrat mobile offshore production unit in the Mumbai Heights, which resulted in a 12.

Crude oil imports edged up to 4.

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