INSUBCONTINENT EXCLUSIVE:
Oil refiners operated at an average rate of 91.34 per cent of capacity in JulyOil refiners' crude throughput in July bounced to its highest
in three months, as the easing of coronavirus restrictions boosted economic activity and fed demand for fuel.Provisional government data on
4.50 million bpd processed in June.On a year-on-year basis, refiners' crude oil throughput in July jumped about 9.6 per cent, while crude
large-scale flooding in early August, easing demand from gasoil and gasoline, preliminary sales data showed last week.Refiners in India, the
It expects to ramp up refining to full capacity within a quarter as demand picks up.Reliance, owner of the world's biggest refining
The state-run Bharat Petroleum Corp Ltd is scooping up rising volumes of United States crude, people familiar with the matter told
Reuters.India begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy to
commercialise its federal storage by leasing out space, three sources familiar with the matter said last week.
