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BPCL Cuts Refinery Throughput As Lockdowns Hit Fuel Demand
BPCL isn’t expecting demand to improve in June.
28 May 2021, 02:50 PM IST
Bharat Petroleum Corp. reduced its refinery throughput in May as pandemic-induced lockdowns by many states have hit demand for transportation fuels across India.The oil refiner and marketer’s throughput stood at 8.39 million tonnes in the quarter ended March, annualised to 33 million tonnes. While demand was higher as the economy emerged from the first wave of the Covid-19 pandemic in the third and fourth quarters of the last financi...
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