Saturday, September 19, 2020

India's fuel demand to contract 11.5 per cent in 2020: Fitch Solutions

Fitch Solutions said demand weakness is spread across the board, with both consumer and industrial fuels set for steep decline. With a nationwide lockdown in place over March to May, domestic demand plummeted, reaching its nadir in April at 48.7 per cent year-on-year contraction for total fuels consumption.

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

No comments:

Post a Comment