Diesel demand falls 7.4% in October partly due to economic slowdown

Accounting for a share of 40% of the country's total oil requirement, demand for diesel has reported to plunge 7.4% in October from a year ago which is the biggest monthly fall in three years. Economic slump, extended monsoon, auto sector slowdown, preference for petrol vehicles are some factors behind the downfall in demand for diesel.

from Energy-Industry-Economic Times https://ift.tt/33RS6ON