Page 6 - Fuel Demand

India's fuel demand plunges in May amid Covid-19 lockdowns, show data

Daily petrol sales in May fell by about 19% from April while diesel consumption, which is linked to industrial activity and accounts for over two-fifths of India's fuel demand, fell by 19.9%

High level of taxation widens divergence in diesel inflation in WPI, CPI

Diesel retail prices are back to more than Rs 80 a litre in the national capital throughout this month and remain on an upward trajectory

India's oil industry struggles to predict demand recovery in pandemic

Diesel and gasoline, which account for more than half of oil consumption in India, are bearing the brunt of lockdowns.

Coronavirus: India's fuel demand plunges in May as states enforce lockdown

Gasoline and diesel sales over May 1-15 fell by about 20 per cent, while jet fuel consumption slumped by nearly 38 per cent, versus April 1-15 levels

Oil edges lower as Covid-19 restrictions in Asia fuel demand concerns

Brent crude oil futures were down 8 cents, or 0.1%, at $68.63 a barrel as of 0036 GMT, and West Texas Intermediate (WTI) crude was down 7 cents, or 0.1%, at $65.30

Biden says fuel supply to take time to normalise after pipeline cyberattack

US President Joe Biden said that the country's fuel supply will take time to normalise as the operator of a key fuel pipeline has restarted operations after a cybersecurity attack.

India's fuel demand drop 9.4% in April due to Covid-19 second wave

India's fuel demand slumped 9.4% in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus sweeping the nation pummelled demand

Global oil prices edge up as investors eye fuel demand recovery

Oil prices edged up in early Asian trade after a 1% dip in the previous session, as global economic recovery and easing travel curbs in the United States and Europe buoyed the fuel demand outlook

Covid-19 to shave-off 20-25 pc of auto fuel demand in the month of April

India's second wave of coronavirus infections and the resultant city and state-specific restrictions may shave-off about 20-25 per cent of auto fuel demand in April, says consultancy Wood Mackenzie

India's fuel sales drop in April on local restrictions to curb second wave

The second wave of coronavirus sweeping the nation has pummelled fuel sales in April as local restrictions clamped to curb the spread of inflection stifled demand, preliminary data showed.

Oil falls as India's Covid-19 surge to weigh on fuel demand: Details here

In Japan, the world's fourth-largest oil buyer, a third state of emergency in Tokyo, Osaka and two other prefectures began on Sunday

Oil demand to buckle in India as Coronavirus resurgence wreaks havoc

India has repeatedly shattered records for infections and deaths as the virus sweeps through the nation, stoking fears that the central government may be forced to implement another national lockdown

Oil prices fall as India's Covid-19 surge dents fuel demand outlook

India, also the world's third-largest oil user, on Wednesday reported another record increase in the daily death toll from Covid-19

Petrol usage in India jumps 27% to four-month high, shows data

Motor fuel demand rose to 88,380 tons per day last month, the highest level since November last year, according to official data.

Oil prices climb on favourable outlook for United States fuel demand

Oil prices climb on favourable outlook for United States fuel demand

India's fuel consumption declined to a four-year low in fiscal 2020-2021

First recorded decline in overall consumption, primarily attributed to Covid-19 lockdowns

Oil price falls 1% after container ship blocking Suez Canal refloats

Prices also dropped as fuel demand in Europe remained weak after countries renewed lockdowns to curb a new wave of coronavirus infections.

Oil prices edge higher after sell-off driven by fuel demand concerns

Brent crude was up 31 cents, or 0.5%, at $63.59 a barrel

World may see peak of petrol demand by 2035 but not in India: Official

The world is likely to see peak demand for petrol by the late 2020s and for diesel by 2035, a senior petroleum ministry official said Thursday

Fuel demand to expand 10% next year as Covid intensity reduces: Govt

Demand for diesel and petrol seen rising 13%, modest 5% increase in LPG