Tag Archives: India’s oil demand falls 5% in February

India’s oil demand falls 5% in February

For the second consecutive month in February, Indian fuel consumption fell to its lowest level since September, with record-high price levels hindering the recovery of demand. Petroleum product demand fell from the petroleum planning and analysis cell of the Petroleum & Natural Gas Ministry, 4.9 to 17.21 million tons, as demand for both petroleum and […]