February fuel demand in India highest since 1998
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Content Team
Image Credit: NewsBytes
India's fuel demand hit its highest level in February since 1998, with industrial activity boosted by cheap Russian oil, the data compiled by the Indian Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) showed, according to Reuters. The consumption of fuel increased by over 5% to 4.82 million barrels per day (bpd) last month, marking the 15th consecutive year-on-year rise, as per the report.
