INSUBCONTINENT EXCLUSIVE:
Oil refiners operated at an average rate of 96.82 per cent in April 2021The 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
maximum capacity because several states have placed partial shutdowns and have granted permission to operate at half capacity," said Gaurav
fell last month as world's third-largest oil consumer has been reporting around 250,000 infections and 4,000 deaths daily
A second wave of virus infections have forced several states to impose stricter restrictions to limit the movement of people, impacting
refiners reduce runs significantly during May and June, with effects lasting into the third quarter," said Julie Torgersrud from Rystad
Energy's Oil Market team.Road traffic has been severely impacted in both cities and rural areas and the effects on refined products demand
are expected to last through the third quarter, she added
