May 26, 2026 [Reuters]- Indian refiners’ crude throughput fell 8.9% month-on-month in April to 5.23 million barrels per day (21.39 million metric tons), provisional government data showed on Tuesday.
India is the world’s third-biggest oil importer and consumer.
- Refinery throughput in March was at 5.55 million barrels per day (23.48 million metric tons).
- On a year-on-year basis, refinery throughput slipped by 2.2% in April.
- The U.S.-Iran conflict has led to volatility in energy prices as shipping flows through the Strait of Hormuz, a conduit for about 20% of global oil and LNG supplies, remain disrupted.
- Indian refiners turned to imports from Latin America and Africa after supplies from the Middle East were disrupted, data provided by trade sources show.
- Indian refiner Nayara Energy, part-owned by Russian oil major Rosneft, received a delivery of just one Russian oil cargo in April as it had fully shut its refinery for most of the month for routine maintenance, according to ship tracking data obtained from industry sources.
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