The Indian Express
India’s petroleum product exports in October fell to a six-month low as a consequence of maintenance-related dip in production as some of the country’s major refineries, particularly Reliance Industries Ltd’s (RIL’s) Jamnagar refinery complex, as per an analysis of provisional export data from commodity market analytics and intelligence firm Kpler. The recovery in domestic fuel and petroleum product demand following the monsoon-related slump is also likely to have impacted exports.
As of October 29, India’s petroleum product exports in October stood at 1.15 million barrels per day (million bpd), the lowest since April’s 1.04 million bpd, as per Kpler data. October petroleum product exports were down nearly 4 per cent from September levels and around 20 per cent from August volumes.
