India’s Diesel Exports May Lose Momentum After September Surge

India’s Diesel Exports May Lose Momentum After September Surge

SummaryIndia’s diesel exports surged in September, driven by global demand and lucrative export margins. However, this momentum might slow down as margins narrow and domestic demand for diesel rises. Key factors include reduced refinery margins and growing consumption within India due to the festival season and agricultural activities. This shift could see India prioritizing internal…