New Delhi, Oct. 31 -- Crippled refineries in Russia and the advancing winter in Europe are expected to pump up demand for Indian petro-products till the end of March. The Indian refineries may be in prime position to tap the demand, given that they have expanded their crude oil sourcing over the years, and completed scheduled annual maintenance.

Ukraine has rained missiles and drones on Russian energy assets to disrupt Moscow's war funding, hurting about 30% of its refining capacity, and prompting buyers to turn to refiners in India. Meanwhile, colder weather in Europe is expected to increase energy demand for heating.

September witnessed India's highest export of petroleum products so far in fiscal year 2026 (FY26) at 6.18 million tonn...