Published 2 years ago

Indian April crude processing rises as cheap Russia oil boosts returns

Summary by Ground News

Crude oil throughput last month stood at 5.27 million barrels per day (21.58 million tonnes) Data last week showed India's April crude oil imports were the highest in 3-1/2 years. India's purchase of Russian oil has surged ever since the invasion of Ukraine.

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Reuters

Indian April crude processing rises as cheap Russia oil boosts returns

By Ashitha Shivaprasad - Indian refiners' April crude oil throughput was 8.5% higher on an annual basis, government data showed on Tuesday, as refiners ramped up runs to lap up high returns with help of discounted Russian oil purchases. Crude oil throughput last month stood at 5.27 million barrels per day (21.58 million tonnes), the data showed. "Refiners are buying cheap Russian oil

2 years ago·United Kingdom

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Oil & Gas 360

Indian April crude processing rises as cheap Russia oil boosts returns

ReutersIndia’s April crude oil imports were the highest in 3-1/2 years as the world’s third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel a recovery in demand and fight high prices. Crude oil imports …The post Indian April crude processing rises as cheap Russia oil boosts returns appeared first on Oil & Gas 360.

2 years ago·Denver, United States

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