Wednesday, April 8, 2020

Oil demand slumps 70% in India as third-biggest buyer shuts down

India’s March 25 decision to impose a three-week lockdown on its 1.3 billion people was the most far-reaching measure undertaken by any government to curb the spread of the coronavirus. It has helped plunge global energy markets deeper into turmoil just as hopes had started to surface that resurgent Chinese demand could offer some support.

from Energy-Industry-Economic Times https://ift.tt/2xYTIeH

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