India’s gasoline output rose for the second consecutive month to hit a seven-month high in October as robust domestic demand due to the easing of movement restrictions prompted refiners to ramp up run rates. Gasoline output by the world’s third-largest energy consumer rose 5.28% month on month to 3.147 million mt in October, Petroleum Planning and Analysis Cell data showed. The monthly volume was last higher in March at 3.309 million mt, the data showed. The rise in output mirrored the increase in run rates at Indian refiners in October, which was spurred by the robust recovery in domestic gasoline demand. India’s No. 1 state-owned refiner Indian Oil Corp. raised run rates at its refineries to 90% of capacity in October, with demand for gasoline and diesel recovering to pre-pandemic levels by the end of […]