Page 2 - Diesel Exports

Investor pushback sees JP Morgan defend Reliance Industries upgrade

On June 16, the firm had set a target price of Rs 3,170 per share, saying RIL was amongst the few large companies in India with a positive earnings revision cycle

India supplies another 40,000 metric tonnes of diesel to Sri Lanka

India on Saturday provided another 40,000 metric tonnes of diesel to Sri Lanka under the credit line facility to the island nation which is grappling with its worst economic crisis.

Indian refiners export diesel to China as Beijing recovers from Covid-19

China is seeing a demand recovery in infrastructure and manufacturing sectors. Countries, like South Korea and Japan, have also placed quotes for importing petroleum products from India amid lockdown

India's Nov oil import growth fastest in seven months: Oil Ministry data

India, the world's third-biggest oil importer and consumer, has set an April 1, 2020 deadline to migrate to Euro VI-compliant fuels to cut its carbon emissions

India's higher diesel exports to weigh on Asia's refining margins

Diesel cracks that had strengthened in anticipation of new marine fuel norms from January 2020 have eased since the start of September

India may look to export diesel: Here's why it isn't good news for economy

Five straight quarters of slowing growth is taking an increasing toll on demand, resulting in diesel consumption slumping to the lowest since the start of 2017

IOC, other state-owned refiners export low-sulphur diesel in rare move

The exports are expected to continue until year-end, likely weighing on low-sulphur cash differentials, the sources said

Monsoon to keep India's diesel exports near 3-year highs

Increase in shipments from India has driven the profit margin for refining diesel in Asia to a seasonal 6-year low