India’s diesel exports to Europe in September were at their highest in 2023 as lower supplies to the continent from West Asia and the United States (US) due to the autumn refinery maintenance season amid strong European demand appeared to have created an arbitrage opportunity for Indian suppliers, shows an analysis of data provided by energy cargo tracker Vortexa.
India’s diesel exports to Europe in September were at around 333,000 barrels per day (bpd), up nearly 47 per cent from August export volumes, and 57 per cent higher on a year-on-year basis, according to Vortexa data.
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