#petroleum-exports
Share of petroleum products in total exports slipped to 8.8% in FY26, the lowest in over 10 years
India's petroleum export share fell to 8.8% in FY26, the lowest in over a decade, driven by declining diesel and jet fuel shipments.
India’s rising oil imports push trade deficit into risky territory: Crisil
India’s oil trade deficit is expected to widen significantly in FY27 due to rising crude oil prices and weakening petroleum exports, according to a report by Crisil. The report warned that India’s heavy dependence on imported crude could put added pressure on…