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India's Fuel Exports Soar Amid Record Refining and Rising Prices

9/24/2025

46 4 Full Breakdown

Summary

Story summary

Indian refiners push gasoline and diesel exports to record levels as crude processing and ethanol blending rise.
India sources about one-third of crude from Russia, facing U.S. profiteering accusations while saying it stabilizes markets.
Gasoline exports are projected at 400,000 barrels per day. Gasoil hits a four-year high, mainly to Europe, while oil prices rise to a three-week high.

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Story summary

Indian refiners push gasoline and diesel exports to record levels as crude processing and ethanol blending rise.
India sources about one-third of crude from Russia, facing U.S. profiteering accusations while saying it stabilizes markets.
Gasoline exports are projected at 400,000 barrels per day. Gasoil hits a four-year high, mainly to Europe, while oil prices rise to a three-week high.