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1/23/2013 - India’s crude oil imports increased in November both on a monthly and an annual basis. M-o m, the increase is equal to 298 tb/d, or 9%, while y-o-y it saw a slight increase of 1.5% to average 3.69 mb/... |
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12/31/2012 - The effect of India’s total massive power shutdown was seen in the country’s diesel demand for three months in the row. However, the end of the summer season, along with the stabilization of electrici... |
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12/11/2012 - The effect of India’s total massive power shutdown has been seen in the country’s diesel demand for the third straight month in the row. This has led to the use of independent diesel-operated power-ge... |
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10/31/2012 - Despite an easing of India’s recent electricity disruptions, the impact on diesel demand could be seen for a second month in a row. As the country tried to cope with the summer heat, excessive demand ... |
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9/29/2012 - The effect of India’s total massive power shut-down has been seen in the country’s diesel demand. The country’s effort to keep up with summer heat, along with excessive uploads to the electricity line... |
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8/16/2012 - India has experienced a massive power shutdown, as the country is trying to keep up with summertime’s high power demand. The crisis with the grid left 600 million people without electricity. Excessive... |
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8/11/2012 - India’s recent floods will affect the country’s fuel consumption for June, not only in agriculture, but in the transport sector as well. Total oil demand is forecast to grow this year by 3.5% y-o-y, d... |
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7/19/2012 - However, a high level of risk and uncertainty surrounds the DCs’ forecast, including political, technical, price, decline-rate and weather issues. Accordingly, it is subject to revision in both direct... |
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7/12/2012 - Last month, the Reserve Bank of India (RBI) cut borrowing costs by more than expected — by 50 basis points — after nearly three years, thereby reducing the benchmark borrowing rate to 8.0%. Because of... |
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7/8/2012 - Indian oil demand in April grew by only a marginal 0.2% y-o-y. This was the lowest level of growth since October 2010. As in previous months, industrial diesel oil demand grew the most, hitting a high... |
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6/21/2012 - Asia’s oil supply is estimated to increase by 50 tb/d in 2012 to average 3.67 mb/d, unchanged from the previous assessment. This steady state has occurred because updated production data has remained ... |
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6/18/2012 - Cracking margins lost momentum as Asian refineries returned from maintenance along with poor light distillate demand, despite the strength seen in the middle and bottom of the barrel. The gasoline cra... |
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6/11/2012 - Given India’s slowing economy, large public deficit and a rising subsidy bill, many had expected some hard measures of reform in the country’s fiscal year budget announced on 16 March by the finance m... |
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6/7/2012 - Indian oil demand for March hit a strong 5.1% growth rate y-o-y. This was the second highest rate (after February) since November last year. Diesel oil demand grew the most, by 10%, adding another 0.1... |
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5/27/2012 - Asian cracking margins increased during April, as product cracks strengthened across the barrel, on the back of stronger regional demand in a tight market, due to lower inflows and refinery shutdowns.... |
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5/12/2012 - Indian oil demand growth for February hit a strong 7.4% y-o-y. This was the largest rate of growth since November. Diesel oil demand grew the most, adding another 0.17 mb/d to the total diesel consump... |
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5/10/2012 - The new all-India CPI inflation measure surged to 8.8% in February from 7.7% in January, suggesting that retail price pressures firmed that month (JP Morgan, 30 March 2012). However, core inflation ha... |
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4/26/2012 - Asia’s oil production is expected to remain almost steady in 2012, compared with last year, with a minor increase of 30 tb/d, and unchanged from the previous MOMR. There were minor upward and downward... |
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12/2/2011 - On 25 October, the Reserve Bank of India (RBI) increased the economy’s benchmark interest rate by 25 basis points. This interest rate increase came on top of the previous interest rate rise of Septemb... |
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11/30/2011 - Chinese GDP growth decelerated from 9.5% in 2Q11 to 9.1% in 3Q11 on an annual basis. In the industrial sector there has been some mild pick-up in September with cement and steel production leading the... |