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REFINERY NEWS ROUNDUP: India's gasoline use rises, falls elsewhere in Asia-Pacific

REFINERY NEWS ROUNDUP: India’s gasoline use rises, falls elsewhere in Asia-Pacific India’s consumption of gasoline in June saw the highest month-on-month increase in a year as a decline in COVID-19 cases and the easing of lockdown measures boosted driving activity. Some states, such as the western state of Maharashtra, eased restrictions early June. Indian gasoline demand totaled 2.41 million mt in June, up 21% from May, data from the Petroleum Planning and Analysis Cell showed. In May, gas...
Kalimantan Timur Bryanskaya Oblast Andhra Pradesh Sri Lanka Yunlin Xian Pulau Bukom

Markets open in green: Sensex surges over 250 points; Nifty above 15,700

Markets open in green: Sensex surges over 250 points; Nifty above 15,700 ANI Photo The stock markets opened higher on Monday (July 12) with Sensex surging over 248 points or 0.47 percent at 52,634.30 while the Nifty50 was up 77 points or 0.49 percent at 15,766.80 in opening trade tracking gains in index majors ICICI Bank, TCS and Reliance Industries amid a firm trend in global markets.. The 30-share BSE index was trading 241.95 points or 0.46 percent higher at 52,628.14 in initial deals, while ...
West Bengal Tamil Nadu Maruti Suzuki Mohit Nigam Ministry Of Petroleum Indbank Merchant Banking Services

Fuel demand up in June as several states ease Covid-19 restrictions

Fuel demand rebounded in June after slumping to a nine-month low in May as several states eased Covid-19 restrictions and economic activity picked up. However, the spike in global crude prices after failure of Opec+ to reach an agreement is likely to add to inflationary pressures on the economy, analysts said. Advertisement Fuel consumption rose 1.5 per cent to 16.33 million tonnes in June from a year earlier and by 8 per cent over May 2021, data from the Petroleum Planning and Analysis Cell of...
Aurodeep Nandi Aditi Nayar Dharmendra Pradhan Petroleum Planning Analysis Cell தர்மேந்திரா ப்ர்யாட்ஹந்

India's June fuel demand recovers as lockdowns ease and mobility picks up

Indias fuel demand recovered last month after slumping to a nine-month low in May, as restrictions to curb the spread of the pandemic were eased and mobility picked up. Fuel consumption, a proxy for oil demand, rose 8% from May to 16.34 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Friday. A second Covid-19 wave, which stalled mobility and dulled economic activity, dragged fuel consumption to its lowest since Au...
Simen Eliassen Petroleum Planning Ministry Of Petroleum Natural Gas Analysis Cell Natural Gas Friday India

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