India Crude Oil Throughput Edges Lower in January as Fuel Demand Softens
Indian refinery throughput dipped to 5.63 million barrels per day in January as fuel demand softened. The nation is now exploring new crude oil import sources.
Insights:
Provisional government data released on Feb. 23, 2026, shows that crude throughput for Indian refiners fell 0.2% month-on-month in January to 5.63 million barrels per day, or 23.81 million metric tons. This monthly change is a significant indicator for national fuel availability and international oil demand, as India 
IN is currently the world's third-largest oil importer and consumer.
IN is currently the world's third-largest oil importer and consumer.
