{"id":298240,"date":"2019-10-28T13:05:25","date_gmt":"2019-10-28T07:35:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298240"},"modified":"2019-10-28T13:05:25","modified_gmt":"2019-10-28T07:35:25","slug":"one-of-asias-top-buyers-has-cut-oil-processing-to-a-15-year-low","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/one-of-asias-top-buyers-has-cut-oil-processing-to-a-15-year-low\/","title":{"rendered":"One of Asia\u2019s top buyers has cut oil processing to a 15-year low"},"content":{"rendered":"<p>NEW DELHI, MUMBAI : Once a major contributor to Asia\u2019s status as the world\u2019s top oil-importing region, India\u2019s crude purchases and refinery run rates are plummeting as its economy rapidly decelerates.<\/p>\n<p>Refiners across the South Asian nation operated fuel-producing units at the slowest pace in 15 years last month, and bought the least crude in more than two years, government data showed. On a seasonally adjusted basis, September imports were below the five-year average, falling under that level for the second time in 2019.<\/p>\n<p>Waning consumption and a deteriorating outlook across India are deepening a slowdown in Asia\u2019s third-largest economy. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI, MUMBAI : Once a major contributor to Asia\u2019s status as the world\u2019s top oil-importing region, India\u2019s crude purchases and refinery run rates are plummeting as its economy rapidly decelerates. Refiners across the South Asian nation operated fuel-producing units at the slowest pace in 15 years last month, and bought the least crude in more than two years, government data showed. On a seasonally adjusted basis, September imports were below the five-year average, falling under that level for the second time in 2019. Waning consumption and a deteriorating outlook across India are deepening a slowdown in Asia\u2019s third-largest economy.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-298240","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=298240"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298240\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}