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Indias oil demand falls 5% in February Photo: ReutersPremium . Updated: 12 Mar 2021, 05:01 PM IST PTI Petroleum product consumption fell 4.9% to 17.21 million tonnes in February as demand for both petrol and diesel fell, according to data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas Share Via Read Full Story NEW DELHI : Indias fuel consumption fell for the second month in a row in February to its lowest since September as record-high prices h...

Indias fuel demand falls to 5-month low at 17.2 MT in February Consumption of fuel, a proxy for oil demand, fell 4.9% to 17.2 million tonnes year-on-year in February, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Thursday Reuters | March 12, 2021 | Updated 09:42 IST Indias fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices continued to stonewall a d...

India fuel demand falls 5% in Feb Diesel, the most used fuel in the country, fell 8.5 per cent to 6.55 million tonnes while petrol consumption was down 6.5 per cent to 2.4 million tonnes PTI | March 12, 2021 | Updated 22:33 IST Representational Image Indias fuel consumption fell for the second month in a row in February to its lowest since September as record-high prices hindered demand recovery. Petroleum product consumption fell 4.9 per cent to 17.21 million tonnes in February as demand for ...

Fuel Demand Falls to Five-Month Low in February Over Price Hike Consumption of fuel, a proxy for oil demand, fell 4.9% in February, data from the Ministry of Petroleum & Natural Gas showed. A nozzle pumps petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. Photo: Reuters/Francis Mascarenhas/File Photo Energy12/Mar/2021 Bengaluru: India’s fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices cont...

Indias February fuel demand falls to 5-month low SECTIONS Last Updated: Mar 11, 2021, 10:03 PM IST Share Synopsis Consumption of fuel, a proxy for oil demand, fell 4.9% to 17.2 million tonnes year-on-year in February, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Thursday. In January, India had registered its first month-on-month decline in five months. Indias fuel consumption fell for the second month in a row in February to its ...

Indias February fuel demand falls to five-month low 03/11/2021 | 11:27am EDT Send by mail : Message : Required fields (Reuters) - Indias fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices continued to stonewall a demand recovery for the worlds third-biggest oil importer and consumer. Consumption of fuel, a proxy for oil demand, fell 4.9% to 17.2 million tonnes year-on-year in February, data from the Petroleum ...

India Business News: India’s fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices continued

By Bharat Gautam (Reuters) - Indias fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices continued to stonewall a demand recovery for the worlds third-biggest oil importer and consumer. Consumption of fuel, a proxy for oil demand, fell 4.9% to 17.2 million tonnes year-on-year in February, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Thursday. On a...

Read more about Fuel demand to expand 10% next year as Covid intensity reduces: Govt on Business Standard. Demand for diesel and petrol seen rising 13%, modest 5% increase in LPG

Oil jumped the most in more than a week after a U.S. government report showed a record drop in domestic fuel inventories from the aftermath of a deep freeze that shuttered refineries in several states.