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Indian refiners' throughput in May rose 0.4 per cent year-on-year to 5.47 million barrels per day (23.11 million metric tonnes), provisional government data showed on Thursday.
Refinery throughput in April was at 5.25 million barrels per day (21.49 million metric tonnes).
India's fuel demand in May rose to its highest in more than a year, while crude oil imports reached a record high of 23.32 million metric tonnes.
The country is the world's third-biggest oil importer and consumer.
"What drives refinery runs is domestic demand and refined product net exports. Oil demand was modestly up in May versus one year ago and refined product exports lower versus last year, so I guess that is the reason for the modest change," said Giovanni Staunovo, an analyst at UBS.
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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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