Indian refiners have so far stayed away from slashing crude run rates sharply despite the surge in COVID-19 cases to record highs, but with a rise in regional lockdowns and its subsequent impact on mobility and industrial activity, analysts said they will be forced to scale back crude runs in anticipation of a slowdown in oil demand, reports S&P Global.
Rising number of cases
However, analysts told S&P Global Platts that the run cuts may not be substantial as export demand for some oil products...
https://mfame.guru/crude-rates-suffer-as-indias-covid-crisis-worsens/