The ex-refinery price is influenced by various factors, including crude oil prices, refining costs, global supply and demand dynamics, and government regulations. Refineries typically set their ex-refinery prices based on market conditions and their production costs.
Knowing the ex-refinery price is important for understanding the pricing structure of diesel and the different components that contribute to its final retail price. It provides insights into the profitability of refineries and helps stakeholders, such as fuel distributors, retailers, and policymakers, make informed decisions regarding diesel pricing and supply.
