In November, however, the shipments were down 7% year-on-year to 5.3 million tonne, driven by a significant fall in the supplies to Europe.
In value terms, the country exported $31.2 billion worth of petroleum products in April-November, down 1.3% from $31.6 billion in the year-ago period. Imports of refined oil products increased 6.3% to 33.9 million tonne, up from 31.9 million tonne in April-November 2023. The import bill for refined oil products also increased by 6.6% to $16.1 billion compared to the corresponding period of last year.
Europe is increasingly turning out to be the brightest market for Indian oil product exporters that have capitalized on the shortages of diesel and other fuels due to geopolitical tensions and are shipping plentiful cargoes, a trend that is set to spill over to next year, according to S&P Global Commodity Insights.
この記事は Financial Express Mumbai の December 17, 2024 版に掲載されています。
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この記事は Financial Express Mumbai の December 17, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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