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

India’s fuel exports saw a significant 21% drop in October, primarily due to refiners prioritizing domestic demand during the festive season and addressing refinery outages. Nayara Energy’s exports were also constrained by sanctions. While diesel exports declined, petrol sales saw a healthy increase, indicating mixed domestic consumption trends.