Refiners Step-up Production as Fuel Demand Increases

Indian refiners are scaling up crude processing as local fuel demand increases.
Indian Oil Corp has raised crude processing at its plants to 60% capacity.
It aims to reach 80% by the end of May.
India’s fuel demand dipped about 46% in April from a year earlier lowest since 2007.
BPCL is operating its Mumbai refinery at about 70% capacity compared to 50% in April.

According to an article published in Reuters and authored by Nidhi Varma, Indian refiners are scaling up crude processing as local...