Sunday, May 2, 2021

India's fuel sales drop in April on Covid wave

Fuels sales could have been worse in April but for the elections in some states that saw increased use of vehicles for campaigning. Demand is likely to witness a sharper slump in May due to more impending restrictions. Declining fuel sales will reduce crude intake by refiners, reducing operating run rate.

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

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