Indian refiners' crude throughput in July bounced to its highest in three months, as the easing of coronavirus restrictions boosted economic activity and fed demand for fuel.
Provisional government data on Monday showed refiners processed 4.58 million barrels per day of crude oil last month, about 1.9% higher than 4.50 million bpd processed in June.
On a year-on-year basis, refiners' crude oil throughput in July jumped about 9.6%, while crude oil production fell about 3% to 602,000 bpd , the data showed.Fuel demand also climbed last month to its highest since April as pandemic restrictions and lockdowns were unwound in most states.
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