Indian Oil Processing Drops 8.9 Percent in April
Indian refiners processed 5.23 million barrels per day in April as throughput fell 8.9% from the previous month. The decline follows routine maintenance at facilities like Nayara Energy and ongoing energy price volatility linked to shipping disruptions in the Strait of Hormuz.
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India refiners reduced crude processing by 8.9% to 5.23 million barrels per day in April. The drop from 5.55 million barrels per day in March reflects a 2.2% decline year-on-year. For investors, the slowdown highlights how geopolitical friction and domestic maintenance are tightening supply in the world's third-largest oil consumer.
