India’s wartime buying spree leaves a LPG glut
Synopsis India's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian Gulf. Domestic production also
Synopsis India's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian Gulf. Domestic production also increased significantly to meet potential shortfalls. However, demand from large consumers has been slow to recover. This situation has led to storage issues and penalty charges for some.
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