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India s use of crude tankers to export diesel slows in May | Hellenic Shipping News Worldwide

India s use of crude tankers to export diesel slows in May | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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India s use of crude tankers to export diesel slows in May

India s use of crude tankers to export diesel slows in May
hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.

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India s use of crude tankers to export diesel slows in May

Indian refiners use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade sources and.

New delhiCity ofUnited kingdomUnited statesRed seaDjibouti generalNoord hollandWoodmac howshamMohi narayanTrixie yapIndustrie jamnagarAhmad ghaddarWood mackenzieEmma howshamFlorence tanMuralikumar anantharaman

India crude oil: India s use of crude tankers to export diesel slows in May

Indian refiners reduce diesel shipments to Europe in May due to rising inventories and weak price spreads. April saw high exports, mostly from Reliance Industries Jamnagar refinery, using Aframax and Suezmax vessels. Cost factors and ample European supply prompt refiners to shift focus back to Asia, exacerbating regional supply glut.

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India Crude Oil: India s use of crude tankers to export diesel slows in May, ET EnergyWorld

India Crude Oil: While more April shipments from India to Europe provided a floor for Asian margins, fewer such voyages in May will likely compel Indian refiners to shift diesel sales back to Asia, exacerbating a supply glut in the region, analysts and traders said.

Red seaDjibouti generalNoord hollandUnited statesShiptracker kplerWood mackenzieWoodmac howshamPertamina halmaheraMarlin santoriniIndustrie jamnagarEmma howshamReliance industrie jamnagarMiddle eastIndia northwest europeGood hope