Try GOLD - Free
Europe winter, Russia damage to lift petro-products demand
Mint Chennai
|October 31, 2025
continue in months ahead.
-
"These (Russian) refineries would require a few months to completely revive operations, which would mean demand via imports may sustain. Export demand till the next quarter seems strong,” said Prashant Vasisht, senior vice president and co-group head of corporate ratings at Icra Ltd. Demand from Russia is also expected to go up, he said.
Private entities like Reliance Industries Ltd and Russian-owned Nayara Energy are the major exporters of petroleum products in India. Reliance operates the world's biggest refining complex at Gujarat's Jamnagar. Queries mailed to both companies remained unanswered till presstime. Public sector refiners export relatively minor quantities of refined products.
This story is from the October 31, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Apollo Hospitals beats Street with 35% profit jump
Apollo Hospitals reported revenue of %6,477 crore.
1 mins
February 11, 2026
Mint Chennai
AI labels, deepfake takedowns are here
Watermarking rule relaxed; compliance windows tightened
1 min
February 11, 2026
Mint Chennai
Asia’s decades-old fertility fall cannot be reversed overnight
The shift from smaller families to larger ones will require patience
3 mins
February 11, 2026
Mint Chennai
Servier eyes global sales of €500 mn from CDMOs
French drug innovator Servier is partnering with Indian players to develop, make and export formulations for the global market, highlighting the country’s growing role in global R&D.
1 mins
February 11, 2026
Mint Chennai
400 million calls daily: Trai mulls tougher spam rules
With telecom operators now blocking or flagging nearly 400 million suspected spam calls and messages every day, India’s telecom regulator is looking to widen its current enforcement framework alongside a willingness to tighten the rules if gaps persist, while moving toward a full roll-out of a digital consent system for commercial communications.
3 mins
February 11, 2026
Mint Chennai
The meaning and significance of the Indo-US trade deal for India
It matters less for what it concedes than for what it enables: investment, scale and a durable position in today’s world order
4 mins
February 11, 2026
Mint Chennai
Laptops fly off shelves as smartphone sales stagnate
The two pillars of India's electronics market are showing diverging fortunes-personal computer (PC) sales surpassed the pandemic-era highs last year as consumers upgraded devices, while smartphone demand has stagnated.
1 min
February 11, 2026
Mint Chennai
Gold ETF inflows surpass equities in January: Amfi
Monthly net inflows into gold ETFs jumped more than twofold over December
2 mins
February 11, 2026
Mint Chennai
'Trade deal a positive, may push up energy cost'
While the framework for the India-US interim trade agreement is broadly positive for the economy, it could push up India’s energy import basket and affect metals, according to a report by investment bank SBICapital Markets (SBICaps).
1 min
February 11, 2026
Mint Chennai
INSIDE HYDERABAD 500075: INDIA'S PROPERTY HOTSPOT
The pincode had the highest residential sales by value in the country in 2025. Here's why.
6 mins
February 11, 2026
Listen
Translate
Change font size