Refiners in Asia are cranking up runs as the lifting of lockdown restrictions is pushing up fuel demand. India's fuel consumption in May increased significantly from April
The lifting of some coronavirus curbs is driving a recovery in gasoline demand with traffic congestion in some of the world's capitals returning to year-earlier levels
US crude up 19.7% in the week, Brent adds 5.2 per% after a week of bullish news. Both contracts gain for third straight week
In its latest report, the International Energy Agency has said India's annual fuel consumption will decline 5.6 per cent in 2020
Oil futures marked their third straight week of losses, with Brent ending down 24 per cent and WTI off around 7 per cent.
Industry officials said this is the biggest ever drop in sales and the first data for the complete lockdown period
Due to restrictions on movement and travel advisories, India's consumption of diesel, petrol and aviation turbine declined massively during March
The oil market was dealt a heavy blow by the freefall in demand due to the coronavirus pandemic
Gasoline demand in the United States, the world's largest oil consumer, is plunging. International flights are being grounded worldwide, slamming jet fuel demand
Consumption of refined fuels, a proxy for oil demand in Asia's third largest economy, totalled 18.77 million tonnes in the month
The errors and misapprehensions that led to constant optimism about Indian growth
Sales of gasoline, or petrol, rose 8.9% in October from a year earlier, to 2.54 million tonnes
Sales of petrol were 8.9 per cent higher from a year earlier at 2.57 million tonnes
Singh, who was captaining a New Delhi-Sydney flight on September 7 failed to file the mandatory report on the low fuel situation to the DGCA
Sales of gasoline, or petrol, were 8.8% higher from a year earlier at 2.52 million tonnes
Sales of gasoline, or petrol, were 15.3 per cent higher from a year earlier at 2.40 million tonnes
Sales of gasoline, or petrol, were 2.9 per cent higher from a year earlier at 2.11 million tonnes
It totalled 16.53 mt, data from the PPAC of the oil ministry showed
Sales of petrol were 21.6% higher from a year earlier at 2.05 million tonnes