As one of the high-demand products for export, petroleum is the key item for the fuel and energy requirements of the world. After China, India is the second-largest refiner in Asia.

Petroleum products like Petrol, diesel, gasoline, jet fuel and LPG are very demanding in countries like the US, China, and the Netherlands. Because of this increasing demand, India’s export of these products is also significantly increasing.

India has a very lucrative exporting business with other countries. And while the petroleum exports were impacted severely, they still rebounded this year.