


| Indian oil refineries jumped in on cheap crude, now recovery seems some way off for virus-hit oil market |
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By Yaw Yan Chong. India’s oil market is lagging behind its fellow Asian refiners in terms of recovery from the devastation that Covid-19 has inflicted, with both crude imports and refinery runs for May at below-average levels, as the country of 1.3 billion people remains under lockdown, with recovery expected after Q2.
Posted: 2020-06-06 06:38:00
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