India’s fuel exports fall 21% in October: Domestic demand surges; HPCL and Nayara hit by disruptions

India’s fuel exports dropped 21% month-on-month in October as refiners prioritised domestic demand during the festive season and redirected supplies to cover gaps caused by Hindustan Petroleum Corporation Ltd’s (HPCL) refinery outage.

Exports remained constrained for Nayara Energy due to sanctions.