image sourced from original article at India's crude oil processing fell by 8.9 per cent in April compared to March, reaching 5.23 million barrels per day, according to provisional government data reviewed by Reuters. On a yearly basis, throughput declined by 2.2 per cent from April last year. The drop was attributed to supply disruptions linked to the Middle East conflict and refinery maintenance shutdowns.
Volatility in global energy markets intensified after the United States-Iran conflict disrupted shipping through the Strait of Hormuz, a key route for nearly one-fifth of global oil and liquefied natural gas supplies. As Middle East supplies came under pressure, Indian refiners increasingly sourced crude from Latin America and Africa.
Major refiners reported lower processing volumes during the month. Reliance Industries reduced throughput at its Jamnagar refinery, while Nayara Energy operated at sharply lower levels due to routine maintenance at its Vadinar facility. In addition, one refinery remains shut due to configuration limitations preventing it from meeting required product specifications.
