{"id":307289,"date":"2019-12-26T10:46:03","date_gmt":"2019-12-26T05:16:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307289"},"modified":"2019-12-26T11:09:36","modified_gmt":"2019-12-26T05:39:36","slug":"indias-nov-oil-import-growth-fastest-in-seven-months-oil-ministry-data","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-nov-oil-import-growth-fastest-in-seven-months-oil-ministry-data\/","title":{"rendered":"India&#8217;s Nov oil import growth fastest in seven months: Oil Ministry data"},"content":{"rendered":"<p>India&#8217;s oil imports in November grew at their fastest pace in seven months, while diesel exports soared the most in about 2 years, indicating higher refinery runs amid falling local demand for gasoil due to a slowing economy. <\/p>\n<p>India&#8217;s November oil imports rose 12.7% to 19.17 million tonnes (about 4.7 million barrels per day), the biggest year-on-year increase since April, preliminary data from the oil ministry&#8217;s Petroleum Planning and Analysis Cell (PPAC) showed. <\/p>\n<p>&#8220;Some of the refineries were undergoing revamp because of fuel upgrade projects, that was one reason why imports were low in the previous months,&#8221; said K Ravichandran, senior vice president at ICRA, a unit of Moody&#8217;s Investors Service.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s oil imports in November grew at their fastest pace in seven months, while diesel exports soared the most in about 2 years, indicating higher refinery runs amid falling local demand for gasoil due to a slowing economy. India&#8217;s November oil imports rose 12.7% to 19.17 million tonnes (about 4.7 million barrels per day), the biggest year-on-year increase since April, preliminary data from the oil ministry&#8217;s Petroleum Planning and Analysis Cell (PPAC) showed. &#8220;Some of the refineries were undergoing revamp because of fuel upgrade projects, that was one reason why imports were low in the previous months,&#8221; said K Ravichandran, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-307289","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307289","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=307289"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307289\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}