Core Viewpoint - India's crude oil imports in June fell to a five-month low, indicating a seasonal decline in domestic oil demand due to the monsoon season, despite an overall upward trend in oil demand year-on-year [1]. Group 1: Import Data - In June, India's crude oil imports decreased by 4.7% month-on-month to 20.32 million tons, marking the lowest level since February of this year [1]. - The preliminary government data indicated that crude throughput at Indian refineries also declined by 4.2% month-on-month to 5.41 million barrels per day [1]. Group 2: Refinery Operations - The operating rate of Indian refineries in June was lower than in May, attributed to the seasonal drop in domestic oil demand during the monsoon [1]. - This trend of reduced refinery operations is expected to continue into July [1]. Group 3: Year-on-Year Comparison - Despite the month-on-month decline, year-on-year crude oil imports are expected to rise due to the ongoing increase in India's oil demand [1].
印度6月份原油进口量降至5个月低点
news flash·2025-07-28 08:05