India’s Refiners Delay Maintenance to Stabilize Fuel Supplies

Indian Oil Corp. and Bharat Petroleum Corp. have delayed routine maintenance at some of their units to ensure adequate supplies in the world’s third-largest oil consumer, according to a senior government official.

“All refineries are operating at peak capacity, with some exceeding 100% utilization,” Sujata Sharma, a joint secretary at the oil ministry, said at a briefing in New Delhi on the Middle East crisis on Monday. She didn’t specify which Indian Oil and BPCL plants had deferred maintenance.