Indian Refiners' January Crude Processing Fell In January

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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…