Thursday, January 28, 2021

Weak diesel demand signals a slow rebound for industrial India

Used in factories, construction and agriculture as well as powering the truck and bus fleets, diesel is a bellwether of industrial activity in India and its tepid recovery reflects an economy still struggling to shake off the crippling effects of the pandemic. Gasoline demand, by contrast, is being buoyed by people opting to use private cars and motorcycles to avoid being exposed to Covid-19.

from Energy-Industry-Economic Times https://ift.tt/3t5QG0j

No comments:

Post a Comment