India's refiners strike amid war while margins are hot
Synopsis India's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margins driven by global supply disruptions
Synopsis India's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margins driven by global supply disruptions.
Robust profit margins are a result of a Russian export ban and Middle East hostilities. Indian refiners are set to export approximately 1.4 million barrels
daily in July. This volume represents a significant increase compared to the previous year and May.
The BriefWire