Indian refiners’ crude throughput in November was the highest since February 2020, government data showed on Tuesday, as hopes of a steady uptick in demand at the world’s third-biggest oil consumer prompted refiners to operate at full capacity.
Refiners processed 5.25 million barrels per day (21.48 million tonnes) last month, up 5.9% from 4.96 million bpd in October, the data showed. On a year-on-year basis, throughput rose about 3.4%.