• SENSEX
    NIFTY 50
Energy

Asia's surging fuel exports depress refining industry profits

Updated : February 22, 2019 01:38 PM IST

Since 2006, the Asia-Pacific has been the world's biggest oil consuming region, led by traditional industrial users South Korea and Japan along with rising economic powerhouses China and India.
Yet overbuilding of refineries and currently sluggish demand growth have caused a jump in fuel exports from these demand hubs.
Asia's surging fuel exports depress refining industry profits
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV