India exported probably record-high diesel to Europe in September, data from ship trackers and trade sources showed, Reuters reported. This export is the highest since data records began in 2017. Refinery maintenance in Europe had reduced diesel supplies, boosting India's exports. Indian refiners use a third of Russian crude oil. They increased production and shipped the excess product abroad.
Diesel exports reach record high
September volumes from Asia's key swing supplier bound for Europe were at 1.3 million to 1.4 million metric tons (9.7 million to 10.4 million barrels), data from LSEG, Kpler and two trade sources showed. India's diesel exports to Europe jumped to around 260,000 barrels per day (bpd) in August, up nearly 63 per cent over July and 103 per cent over.
This comes amid U