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IndianOil refinery utilisation rises to 100% in November
TIWN
IndianOil refinery utilisation rises to 100% in November
PHOTO : TIWN

New Delhi, Dec 15 (TIWN) State-owned Indian Oil Corporation on Thursday said the crude oil throughput out of its refineries rose to 100 per cent in November 2020, as consumption of all petroleum products has almost reached pre-Covid levels.

This assumes importance as the Indian economy has been severely hit by the covid-19 pandemic. Energy consumption, especially electricity and refinery products, is usually linked to overall demand in the economy. The development also comes in the backdrop of other economic indicators such as electricity, GST collections and railway freight registering a recovery.

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