HomeWorld NewsReuters completely reported that India plans to increase gasoline export curbs past...

Reuters completely reported that India plans to increase gasoline export curbs past March


Vitality

Reuters completely reported that India intends to increase restrictions on the export of diesel and gasoline on the finish of the month to make sure availability of refined fuels for the home market. The extension of guidelines might discourage some Indian refiners from shopping for Russian fuels for re-exports. The restrictions have been launched after personal refiners, together with Reliance Industries (RELI.NS), started reaping income by aggressively growing exports quite than home gross sales. After the Reuters report, shares of Reliance fell as a lot as 1.71% to 2,184.15 rupees, the bottom since March 8, 2022.

Market Affect

After the Reuters report, shares of Reliance fell as a lot as 1.71% to 2,184.15 rupees, the bottom since March 8, 2022.

Article Tags

Matters of Curiosity: Vitality

Kind: Reuters Finest

Sectors: Commodities & Vitality

Areas: Asia

Nations: India

Win Sorts: Exclusivity

Story Sorts: Unique / Scoop

Media Sorts: Textual content

Buyer Affect: Important Nationwide Story



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