{"id":463704,"date":"2022-01-25T08:41:26","date_gmt":"2022-01-25T03:11:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463704"},"modified":"2022-01-25T09:23:04","modified_gmt":"2022-01-25T03:53:04","slug":"december-crude-oil-imports-at-one-year-peak-amid-strong-demand-prospects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/december-crude-oil-imports-at-one-year-peak-amid-strong-demand-prospects\/","title":{"rendered":"December crude oil imports at one-year peak amid strong demand prospects"},"content":{"rendered":"<p>India&#8217;s crude oil imports in December hit their highest level in a year as strong demand prospects in the world&#8217;s third-largest oil consumer and importer prompted refiners to stock up.<\/p>\n<p>Crude oil imports last month rose 7.1% versus November to 19.65 million tonnes, data on the website of the Petroleum Planning and Analysis Cell (PPAC) showed on Monday. <\/p>\n<p>However, imports were down 4.1% compared with a year earlier and were 5% higher from December 2019 before the onset of the pandemic.<\/p>\n<p>&#8220;Indian oil demand continues to recover. Refinery margins remain relatively healthy, which is an incentive for refiners to continue to boost runs,&#8221; said Refinitiv analyst Ehsan Ul Haq.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s crude oil imports in December hit their highest level in a year as strong demand prospects in the world&#8217;s third-largest oil consumer and importer prompted refiners to stock up. Crude oil imports last month rose 7.1% versus November to 19.65 million tonnes, data on the website of the Petroleum Planning and Analysis Cell (PPAC) showed on Monday. However, imports were down 4.1% compared with a year earlier and were 5% higher from December 2019 before the onset of the pandemic. &#8220;Indian oil demand continues to recover. Refinery margins remain relatively healthy, which is an incentive for refiners to continue [&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-463704","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\/463704","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=463704"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463704\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}