India
Posted: Tue Jul 05, 2022 9:37 am
Buy cheap Russian oil then >
Last week, the Indian government announced that it will introduce export duties on supplies of jet fuel, petrol and diesel to ensure adequate domestic supply.
India is the world’s fourth-largest refiner with an output of around 6m barrels per day (bpd).
It is also a significant swing exporter, shipping 1.5m bpd of high-specification clean products east or west as pricing signals dictate.
I would cut aid to India by the amount of the "gouging"
Last week, the Indian government announced that it will introduce export duties on supplies of jet fuel, petrol and diesel to ensure adequate domestic supply.
India is the world’s fourth-largest refiner with an output of around 6m barrels per day (bpd).
It is also a significant swing exporter, shipping 1.5m bpd of high-specification clean products east or west as pricing signals dictate.
I would cut aid to India by the amount of the "gouging"