India, one of the drivers of oil demand growth in Asia and the world, has just seen its oil imports drop to three-year lows and fuel processing rates plunge to a 15-year low , as slowing economic growth is taking its toll on demand. According to India’s government data compiled by Bloomberg, refinery runs in September were at their lowest in 15 years, amid waning demand for fuels. India’s diesel exports increased last month, due to slowing domestic demand. Diesel is the most consumed fuel in India and is used as a gauge for economic activity. Crude oil processing in India dropped by 6.9 percent on the year in September, which was the largest annual decline since June this year, according to provisional government data cited by Reuters . Some refineries were shut for maintenance and others for fuel upgrades because India is getting ready to migrate in April […]