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via economictimes.indiatimes.comEconomy

India's diesel exports hit one-year high in September

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Indias diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners to maximise production and overseas shipments. Europe absorbed nearly half the volumes at 280,000 bpd, up 80% from August, as refinery…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRising diesel exports reflect strong refining margins and regional supply disruptions, benefiting energy producers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01India's diesel exports rose to about 620,000 barrels per day in September.
  2. 02Europe absorbed nearly half the volumes at 280,000 bpd, up 80% from August.
  3. 03Record refining margins encouraged refiners to maximize production and overseas shipments.

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