Wednesday, 30 September 2026Updated 15m ago
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Market move● Neutral for Indian equities

China Has the Power to Bail Out the Diesel Market. Will It Use It?

1 source · first seen 15:00 30 Sept · updated 15:00 30 Sept

The brief

Written from 1 report · check the source before you trade
  • Chinese oil refineries are operating at 75% of capacity
  • Chinese refinery output may affect crude prices and refining margins for Indian oil refiners

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China44 todayDiesel10 todayCrude oil101 todayRefining margins7 today

Linked by the tag Refining margins

39 stories this week
  1. 30 SeptIndian Oil Gujarat refinery to start operating at expanded capacity by end of FY27, executive saysExpansion · 1 source · Indian Oil’s Gujarat refinery is expected to expand capacity to 18 million metric tons by end-FY27
  2. 28 SeptNifty slides to six-month low as US-Iran deal hopes fade, oil tops $100 a barrelMarket move · 1 source · Crude oil above $100 a barrel weighed on Indian stocks as hopes for a US-Iran deal faded
  3. 28 SeptIndian refiners buy costly West Asian barrels as Russian supply narrowsMarket move · 1 source · Russian arrivals eased to around 1.75 mb/d in September, the lowest since April 2026
  4. 28 SeptBrent Stays Elevated Even As Saudi Arabia's East-West Pipeline Resumes Oil ExportsMarket move · 1 source · Brent crude futures traded near $108 per barrel
  5. 25 SeptOil prices fall after Iran asks U.S. to return to failed memorandum of understanding from JuneMarket move · 1 source · Iran asked the U.S. to meet conditions in the June 17 memorandum of understanding
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Read the reports

1 report · earliest 15:00
WSJChina Has the Power to Bail Out the Diesel Market. Will It Use It?15:00