India is exporting more diesel on the east of Suez route into Southeast Asia in May, with shipments to the region on track for a four-year high, Reuters reported on Friday, quoting vessel-tracking data and trade sources. India is estimated to have shipped 600,000 metric tons, or 4.47 million barrels in total, to Southeast Asia in May, according to data from tanker-tracking services Vortexa, LSEG, and Kpler.
This is the highest such volume since 2021, as higher margins and lower shipping costs support more volumes heading east of India instead of…India’s Eastern Diesel Exports Jump to 4-Year High
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