Amid Covid-19 lockdown fuel demand in India crashes
Shortpedia
Content Team
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Daily petrol sales decreased by 19 % in May, according to the Nikkei Manufacturing Purchasing Managers' Index produced by IHS Markit, while diesel use fell by 19.9%. According to one of the refineries, rising retail costs of gasoline and gasoil, as well as lockdowns, impacted fuel consumption in May. He predicted that as the number of cases declines and states progressively ease restrictions, fuel usage will soon rise.
