Wednesday, April 8, 2020

Fuel demand seen falling 40 pc in April amid lockdown due to coronavirus: Report

The three-week national lockdown ending April 14 has seen individuals remaining indoors, shops and businesses shut, and vehicular movement, including the Railways, airlines, trucks and private vehicles, remaining off the roads. India Ratings said the overall demand for fuel has come down by around 20%, while capacity utilization levels have fallen to 50% in March.

from Energy-Industry-Economic Times https://ift.tt/3e2JGd3

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