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India refiners reap fuel export windfall as war drives shortages
India's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margins driven by global supply disruptions. Robust profit margins are a result of a Russian export ban and Middle East hostilities. Indian refiners are set to export approximately 1.4 million barrels daily in July. This volume represents a significant increase compared to the previous year and May.
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economictimes.indiatimes.com
India's Russian crude imports hit record in Jun even as Moscow's oil revenues slip
India's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons globally. Indian refineries processed…
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newsbytesapp.com
India's Russian crude imports hit new high in June
India's Russian crude oil imports soared by 34% in June, marking a record high, even as Russia faced declining overall oil export revenues, according to CREA findings.
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India refiners reap fuel export windfall as war drives shortages
India's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margins driven by global supply disruptions.…
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Asian refiners may be the surprise winners of fresh fuels crunch
Asian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tightening supplies. This situation allows…