You are here: Home » Markets ¬Ľ News
Maruti Q4 preview: PAT seen up 32% YoY; commodity prices to dent margins
icon-arrow-left
Business Standard

S&P Global Platts cuts India's 2021 oil product demand forecast by 9%

The total oil demand in India, according to their estimate, had declined to 470,000 b/d in 2020

Topics
Oil demand | Indian oil demand | S&P Global Platts

Puneet Wadhwa  |  New Delhi 



fuel, prices, petrol, diesel, dealer, oil, crude
fuel, prices, petrol, diesel, dealer, oil, crude

has cut India’s 2021 demand forecast for oil products by 9 per cent to 400,000 barrels per day (b/d) now, as compared to 440,000 b/d estimated last month. The latest revision, said, was done after taking into account the surging Covid cases across the country that have triggered lockdowns and mobility curbs across key economic hubs in India.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, April 26 2021. 14:58 IST

RECOMMENDED FOR YOU

.