India Books Dip in July Oil Production ...Middle East

Indian crude oil production slid by 0.7% on the year in July to a total of 2.4 million metric tons, equal to some 568,000 barrels daily, the Petroleum Planning and Analysis Cell of the Indian energy ministry reported, as quoted by the Economic Times. Crude oil processing, on the other hand, increased last month by 3.2% on the year to 23.3 million metric tons. Of this total, state and joint venture refiners accounted for 15.8 million tons while private refiners accounted for 7.5 million tons. The bulk of crude processed in the period came from imports,…

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