India Refiners Reap Fuel Export Windfall as War Drives Shortages

Oil-product shipments from India are on track to climb to their highest level since September as refiners cash in on robust profit margins after a Russian export ban and hostilities...

By Rakesh Sharma, Nicholas Lua · Bloomberg Markets

Oil-product shipments from India are on track to climb to their highest level since September as refiners cash in on robust profit margins after a Russian export ban and hostilities in the Middle East tightened supplies.