India forced to ship in petrol, diesel as shortages Keep draining the SPR and exporting it....the world needs it bad....no demand destruction here yet I guess....
Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and prices jump just saw a fresh quirk: India, typically Asia’s leading gasoline and diesel exporter, has been forced to step up imports of the fuels.
Gasoline imports rose to about 13,000 barrels a day in the first half of June, a seven-month high, according to Vortexa Ltd. Diesel imports, meanwhile, are set to surge to the highest since February 2020 at about 48,000 barrels a day, tenders by
https://economictimes.indiatimes.com/industry/energy/oil-gas/india-forced-to-ship-in-gasoline-diesel-as-shortages-flare-up/articleshow/92536225.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
https://economictimes.indiatimes.com/industry/energy/oil-gas/india-forced-to-ship-in-gasoline-diesel-as-shortages-flare-up/articleshow/92536225.cms