Indian Refiners' January Crude Processing Fell In January
Affected assets and topics
Why it matters
Indian refiners' crude processing decreased by 0.2% in January 2026, while fuel consumption was down 3.6% from December but up 3% from January 2025, indicating a mixed trend in the Indian energy sector.
Article tone
Expected market reaction
Market impact analysis based on neutral sentiment with 75% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 49171
Original source
Indian refiners' crude processing (throughput) fell by 0.2% month-on-month in January 2026, reaching 5.63 million barrels per day (bpd) or 23.81 million metric tons, marking a slight decrease after December throughput clocked in at 5.64 million bpd. India's fuel consumption in January came in at 21.05 million metric tons, down from 21.71 million in December but was nearly 3% up compared to January 2025. India relies on imports for over 80% of its crude supply, primarily sourcing from Russia, Iraq, Saudi Arabia, the UAE, and the United States. India's…
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Original article published by OilPrice.com on February 24, 2026. Analysis and insights provided by AnalystMarkets AI.