Increased competition from China, South Korea! India’s diesel exports to Asia slump 63% – Times of India
India’s diesel exports hit by China, South Korea! India’s diesel exports to Asia saw a significant decline of 63% in March compared to the previous month. This drop was because of tough competition from Chinese and South Korean suppliers, which affected profit margins. Indian refiners shipped 61,000 barrels per day (bpd) of diesel to Asian…