Indian Refineries Run At Up To 108% Capacity On Soaring Diesel Demand India’s refineries have been running at an unprecedented 105% to 108% capacity utilization in the past six months as demand for diesel soars and international fuel markets tighten amid the ongoing Middle East crisis, OilPrice reports citing Reuters. Refinery capacity utilization in the world’s third-largest crude oil importer has been between 105% and 108% since the war began, a senior executive at Mangalore Refinery and Petrochemicals Limited (MRPL) said at the APPEC petroleum conference in Singapore on Wednesday. “Most of our refiners are complex, can take a wide variety of crude from an API range of something like 16 to 45 or 48, ” Nandakumar Pillai, a company director at MRPL, said at the event, as carried by Reuters . MRPL operates a refinery with the capacity to process 300,000 barrels per day (bpd) on the coast of India’s southern state of Karnataka. The refinery has a versatile design with complex secondary processing units and high flexibility to process crudes of various API, delivering a variety of quality products, the refiner says. MRPL will continue to run its refinery at above 100% until March 2027 , Pillai told Reuters on the sidelines of the conference. All Indian refiners are currently prioritizing diesel production at the expense of jet fuel amid soaring domestic diesel demand and a crunch in global middle distillate supply. Diesel prices globally are soaring, and diesel cracks have hit all-time highs as supply remains constrained in the Middle East and Russia, while maximized refinery runs elsewhere cannot offset the supply lost to the U.S.-Iran war and Ukraine’s drone attacks on Russian refineries. The re-escalation in the Middle East and the Russian ban on diesel exports pushed middle distillate cracks to record highs last week. Analysts have been warning for weeks that diesel and other fuels are the real stress test in the oil markets, not crude oil. Tyler Durden Mon, 09/14/2026 - 20:30
The Anti-Graft and Corrupt Practices Act says properties in the name of the spouse of a public official may be considered when determining their unexplained wealth
U.S. Telepsychiatry Market to Command 32% of Global Revenue and Europe to Reach USD 17.81 Billion by 2035 as Psychiatrist Shortages and Reimbursement Reform Drive Growth. Austin, United States, Sept....
The owner of Golden West Casino has postponed a plan to relocate the cardroom from its longtime home along South Union Avenue to a new location just north of Meadows Field Airport.
On September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracted selective buying, which limited the day’s overall losses. Major players like HDFC Bank and IT sectors remained in focus amid relevant corporate announcements. Additionally, SEBI's discussion paper regarding the Closing Auction Session received input on five critical areas.
Napa's Measure G sales tax generated $24.8 million in its first full fiscal year, about $2.2 million more than the city budgeted, with officials now treating the higher revenue as a potential new baseline.
Google is expected to rack up more than $2.1 billion in total upfront and minimum demand payments to Entergy Arkansas under a 20-year special rate contract for the tech giant's West Memphis data center.
Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun Beverages The Economic Times Stocks to Watch Today: HDFC Bank, Lalithaa Jewellery, Horizon Industrial Parks, Solar Industries,... Moneycontrol.com Stocks to Watch for September 15: HDFC Bank, BSE, IT Stocks, Coforge, Tata Chemicals and more CNBC TV18 Stocks to watch, Sept 15: HDFC Bank, BSE, HCL Tech, Deccan Gold Mines, CESC, Glenmark, BHEL, and more BusinessLine Stocks To Watch Today: HDFC Bank, Indiabulls, Raymond Realty, Pranav Construction & More ndtvprofit.com
U.S. Telepsychiatry Market to Command 32% of Global Revenue and Europe to Reach USD 17.81 Billion by 2035 as Psychiatrist Shortages and Reimbursement Reform Drive Growth. U.S. Telepsychiatry Market to Command 32% of Global Revenue and Europe to Reach USD 17.81 Billion by 2035 as Psychiatrist Shortages and Reimbursement Reform Drive Growth.