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By Swati Verma (Reuters) - Indias April fuel demand slipped from the previous month as the worlds third largest oil consumer bore the brunt of raging coronavirus infections, with the prospect of further restrictions weighing on the outlook. Consumption of fuel, a proxy for oil demand, fell 9.4% to 17.01 million tonnes from March, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Tuesday. On a yearly basis, demand surged 81.5% from...

Petrol sales fell 13.1 per cent to 2.38 million tonnes in April- the lowest level since August 2020, and were 145 per cent higher compared with same period a year ago.

Synopsis Fuel consumption fell 9.38 per cent to 17.01 million tonnes in April from 18.77 million tonnes in March, data from Oil Ministrys Petroleum Planning and Analysis Cell (PPAC) showed. Agencies Declining fuel sales will reduce crude intake by refiners, reducing operating run rate. Indias fuel demand slumped 9.4 per cent in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus sweeping the nation pummelled demand, official d...

Indias fuel demand slumped 9.4 per cent in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus sweeping the nation pummelled demand, official data showed on Wednesday. Fuel consumption fell 9.38 per cent to 17.01 million tonnes in April from 18.77 million tonnes in March, data from Oil Ministrys Petroleum Planning and Analysis Cell (PPAC) showed. India was under one of the worlds severest lockdowns in April 2020, bringing t...

Indias fuel sales drop 9.4 per cent in April on COVID wave Fuel consumption fell 9.38 per cent to 17.01 million tonnes in April from 18.77 million tonnes in March, data from Oil Ministrys Petroleum Planning and Analysis Cell showed. Share Via Email   |  A+A A- By PTI NEW DELHI: Indias fuel demand slumped 9.4 per cent in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus sweeping the nation pummelled demand, official ...

Fuel demand slumps 9.4% in April on COVID second wave PTI Indias fuel demand slumped 9.4 percent in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus sweeping the nation pummelled demand, official data showed on Wednesday. Fuel consumption fell 9.38 percent to 17.01 million tonnes in April from 18.77 million tonnes in March, data from Oil Ministrys Petroleum Planning and Analysis Cell (PPAC) showed. India was under one of th...

The Nigerian Government will send a delegation led by the Minister of Trade, Niyi Adebayo, to Ghana to end the crisis between Nigerian traders in Ghana and local authorities—an issue that started last year before the Ghanaian Presidential elections. The delegation was ordered by the Presidency as disclosed in a statement by the trade ministry on Monday evening. The statement revealed that the delegation would be comprised of private stakeholders also who would be sent to dialogue with Ghanai...

Indian April fuel demand dips, coronavirus wave clouds outlook SECTIONS Last Updated: May 11, 2021, 11:12 PM IST Share Synopsis Consumption of fuel, a proxy for oil demand, fell 9.4% to 17.01 million tonnes from March, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Tuesday. Agencies Fuel demand had reached pre-pandemic levels of around 18.8 million tonnes in March, the highest level since end-2019. Indias April fuel demand slipped ...

Punch Newspapers Sections Published 10 May 2021 Nigeria’s revenue earning capacity has come under threat following the reduction of importation of crude oil by India. India, Nigeria’s largest crude oil importer, reduced crude oil imports by $39.5bn in April, compared to the same time the previous year, data from India’s Petroleum Planning & Analysis Cell showed. According to the Indian High Commission in Nigeria, India’s crude oil imports from Nigeria in 2020 amounted to $10.03bn. This ...

The revenue to be earned by Nigeria has come under further threat due to India’s drop in crude oil importation. Data from India’s Petroleum Planning and Analysis Cell showed that the country, which took over from the United States as Nigeria’s largest crude oil importer, reduced crude oil imports by $39.5 billion in April, compared to the same time the previous year. According to a report from Punch, the Indian High Commission in Nigeria said that India’s crude oil imports from Nigeria ...