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India’s Fuel Consumption Falls At Worst Pace In Six Months
The aggregate demand for petroleum products fell 4.9% year-on-year in February.
22 Mar 2021, 12:37 PM IST
India’s consumption of petroleum products over the year-earlier fell at the worst pace since August as retail fuel prices jumped to a record high.The aggregate demand for petroleum and related products, including auto and industrial fuels, dropped 4.9% year-on-year in February, according to provisional data released by the Petroleum Planning & Analysis Cell. That’s the fourth straight month of decline on a yearly basis.Month-on-month...
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