India’s export of petroleum products declined by 21% to 1.25 million barrels per day in October from 1.58 mbd in September, as per data from Kpler. On an annual basis, the exports however increased by 2.4% from 1.22 mbd in October 2024.

UAE, Netherlands, and Singapore emerged as the top destinations for the country’s refined oil products. Exports to the UAE declined 27% to 132,000 bpd last month, while exports to Netherland increased by as much as 255% to 156,000 bpd from 44,000 bpd in September. Exports to Singapore also surged 81% to 113,000 bpd last month.

Meanwhile, Nayara Energy’s operations continue to face challenges in its exports due to disruptions caused by international sanctions but operations are seen improving gradually.

Nayara’s Vadinar refinery is currently operatin

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