1. India's petroleum product exports rise over 8% in July as diesel margins soar

India's petroleum product exports rise over 8% in July as diesel margins soar

India

  • India's petroleum product exports rose over 8% in July to 5.5 million tonnes, government data showed.
  • Diesel exports climbed to 2.4 million tonnes, with diesel commanding nearly a 70% premium over crude oil.
  • Margins improved amid a global supply shortage after Russia's diesel export ban and steady crude supplies.

Source: timesofindia.indiatimes.com

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