Crude oil volumes processed by Indian refiners rose to 23.4 million metric tonnes (MMT) in March, data released by the Petroleum Planning and Analysis Cell (PPAC) on Thursday showed. Processed volumes rose by 1.6 per cent compared to 23 MMT processed in March 2023. On a sequential basis, however, volumes rose by 11.9 per cent from February’s 20.9 MMT.
Out of the total volume processed in March, government-owned oil public sector undertakings (PSUs) and joint ventures accounted for 16.1 MMT, while private refiners processed 7.3 MMT of crude oil.
