Indian Diesel Exports: Winter demand and the absence of Russian supplies allowed India s diesel exports to rise 42% yoy basis to Europe. The overall exports rose 17% YoY to 637,000 bpd. In December, the domestic consumption of diesel again fell 2.5% year-on-year but was just about 1% higher than in November.
Winter demand and the absence of Russian supplies allowed India s diesel exports to rise 42% yoy basis to Europe. The overall exports rose 17% YoY to 637,000 bpd. In December, the domestic consumption of diesel again fell 2.5% year-on-year but was just about 1% higher than in November.
The slight fall was largely caused due to the lower value of petroleum product exports, which account for over 50 per cent of the value of India’s exports to Australia.
Union commerce minister Piyush Goyal on Tuesday announced that India s overall exports, that includes services and merchandise exports, have crossed US$ 750 Billion today. This is an all time high and this achievement of 750 billion comes in the 75th year of independence as we celebrate the Azadi Ka Amrit Mahotsav.