India is the third-largest consumer of petroleum products globally with demand exceeding 220 million tonnes annually. The country has a refining capacity of over 250 million tonnes through PSU and private refineries.
Key petroleum products include fuels (petrol, diesel, ATF), feedstocks (naphtha, LPG), and industrial products (bitumen, lubricants, fuel oil). Pricing follows international crude oil movements with varying degrees of government control across products.
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