India set to see 25% rise in petroleum product exports

🇮🇳 The Times of India (IN) —
India set to see 25% rise in petroleum product exports

AI Summary

India is set to increase exports of refined petroleum products by 25% despite importing around 90% of its crude oil. This rise is attributed to the country's large and sophisticated refining infrastructure.

Although India imports around 90% of its crude oil requirement, it has become one of the world's largest exporters of refined petroleum products by using its large and sophisticated refineries.

World Markets Commodities Energy India petroleum exports refineries oil imports energy market

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