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India's Sept diesel flows to Europe reach all-time peak, Oct volumes slowing | 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.
India s September-loading diesel exports to Europe hit an unprecedented high as traders cashed in on arbitrage profits to the West, although the likelihood of such volumes continuing through. -October 11, 2023 at 05:41 am EDT - MarketScreener ....
Sept diesel flows to Europe reach all time peak, Oct volumes slowing business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
India s diesel exports to Europe reached a record high in September, driven by arbitrage profits and a seasonal decline in domestic demand. The surge in exports will help Europe build commercial stockpiles ahead of the winter heating season and limit price gains. However, experts predict that export volumes are unlikely to continue at the same level in October. The east-west arbitrage spread has narrowed in recent weeks, and ongoing refinery turnarounds and peak Diwali festive season demand are expected to impact export volumes. ....
Diesel Exports September 2023: The surge in India-origin diesel to Europe will help the continent build commercial stockpiles ahead of the winter heating season, easing supply shortage worries and limiting overall price gains. ....