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India’s September Petroleum-Product Exports Climb 31.9% to $6.22 Billion

The estimate was below July’s $6.92 billion and August’s $6.81 billion. The monthly figures do not separate diesel exports or show shipment volumes.

A tanker takes on refined fuel at an Indian export terminal / TokenPost.ai
A tanker takes on refined fuel at an Indian export terminal / TokenPost.ai

India’s petroleum-product exports were valued at an estimated $6.22 billion in September, up 31.9% year over year but below July and August, marking a pullback after two stronger months.

The September estimate compares with $4.71 billion a year earlier. Monthly exports were valued at $6.92 billion in July and $6.81 billion in August.

The figures cover petroleum products as a group. They do not provide a diesel-only export value or shipment volume, so the September total does not show how much diesel was exported.

At a Sept. 24 forum in New Delhi, India’s Petroleum and Natural Gas Minister Hardeep Singh Puri said, “Once we have made a commitment to export, it is important that we honour that commitment.”

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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