Topic
september
Commodities El Nino Set to Deepen India's Rainfall Deficit Through September, ECMWF Says
India's all-India monsoon deficit stood at 13 per cent as of August 16 and is expected to widen through September as El Nino strengthens, according to the European Centre for Medium-Range Weather Forecasts (ECMWF). East and North-East India remain the worst-hit with a 27 per cent deficit, while kharif sowing has recovered to a deficit of less than 1 per cent. The US Climate Prediction Center sees a more than 90 per cent chance of a very strong El Nino in 2026-27.
Commodities BPCL to shut crude units at Mumbai refinery in September for routine maintenance
Bharat Petroleum Corporation (BPCL) plans to shut a 120,000 barrels per day crude unit and secondary units at its 200,000 bpd Mumbai refinery for three to four weeks in September and October for routine maintenance, according to an industry source. The shutdown was originally scheduled for June but was delayed to meet local fuel demand.