News

Petroleum exports drop sharply as West tightens squeeze on Russia | Mint - Mint

Mint · last updated

Petroleum exports drop sharply as West tightens squeeze on Russia | Mint

Petroleum exports drop sharply as West tightens squeeze on Russia

According to data from the government’s Niryat portal, earnings from exports of chemicals and petroleum products stood at $67.11 billion in the April-January FY24 period
Premium The price of Brent crude stood at $82.99 a barrel on Monday, up 1.07% over the year. (AP)

NEW DELHI: Earnings from petroleum shipments fell steeply in April-January FY24 due to the global economic slowdown, a rise in domestic consumption, and shrinking discounts on Russian oil.

Next Story

Feedback
Select your Category

Your Message

View full article

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up