India’s diesel imports this year may rise to the highest since at least 2011 as refiners shut down to upgrade their units to meet new fuel standards and as warmer temperatures spur demand, said five industry sources.
The imports have supported the Asian diesel market which would otherwise have collapsed under a flood of Chinese exports. The Singapore diesel crack margin rose to a more than two-month high of over $11 a barrel to Dubai crude on Friday, Reuters data showed. Read More…
Credit By: The Economic Times
Latest posts by The Economic Times (see all)
- Maruti’s First Electric Car In India In 2 Years! Recast Auto Exposure Now – November 20, 2017
- Green Companies Expect Easier Financing – November 20, 2017
- New Panels To Augment Solar Power At Railway Stations – November 20, 2017