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Latest Articles in fuel demand
India's Fuel Demand Hits 10-month Low In September
The total monthly demand in September fell 3.6 per cent from August 2022, although on a year-on-year basis it was up 8.1 per cent
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India's Fuel Demand Continues To Fall In August As Monsoon Sets In
The arrival and intensity of monsoon weigh heavily on diesel demand in the country and consumption traditionally is lower in July-September than in April-June
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Monsoon Rains Dampen India's July Fuel Demand
Gasoline and gasoil sales by Indian state refiners in July fell from a month earlier as monsoon rains restricted mobility and construction work while high inflation curtailed overall demand for goods, preliminary sales data shows
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Oil Slides As Renewed China COVID Curbs Temper Fuel Demand Outlook
Multiple Chinese cities are adopting fresh COVID-19 curbs, from business halts to lockdowns, to rein in new infections as the highly infectious BA.5.2.1 subvariant appears in the country
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Fuel Sales In March Surge Past Pre-Pandemic Levels In India
In the first two weeks of March, dealers, as well as the public, topped up their tanks in anticipation of an increase in prices that had been on hold in the run-up to the elections in states like Uttar Pradesh
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India's Fuel Demand Expected To Grow 5.5% Next Fiscal: Govt Estimates
India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic
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India Expects Fuel Demand To Grow 5.5% In The Next Fiscal Year
Local demand for gasoline, used mainly in passenger vehicles, is expected to rise by 7.8% to 33.3 million tonnes, while gasoil consumption was slated grow by about 4% to 79.3 million tonnes, the data showed.
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India's Fuel Demand Recovery To Continue As COVID-19 Restrictions Ease: Fitch
The recovery should support higher throughput at most oil marketing companies and strong prices are expected to improve the financial profiles of upstream oil and gas companies.
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Fuel Demand Rebound To Drive Earnings Of Oil Firms: Moody's
Demand for petroleum products in India declined substantially in April and May 2020 following a nationwide lockdown to control the spread of coronavirus.
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India's Fuel Sales Drop 9.4% In April On COVID Wave
India was under one of the world's severest lockdowns in April 2020, bringing to a halt almost all economic activity. Fuel sales had halved that month, plunging to the lowest since 2006.
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India's Fuel Demand At 11-month High In Dec
Fuel consumption, however, posted a month-on-month increase for the fourth straight month, helped by reviving transportation and business activity.
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Exxon Signals Up To $20 Billion Writedown To Overwhelm Fourth-Quarter Gains In Oil, Chemicals
The filing after the market closed on Wednesday showed Exxon expects higher prices will sequentially lift its oil and gas operating results by between $200 million and $1 billion.
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Indian Oil Corp's Crude Processing Rebounds To 100% Capacity In Nov
Local fuel demand - a proxy of oil consumption, in India has almost reached pre-Covid levels
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India's Fuel Demand Posts First Annual Growth Since Feb
Total demand for petroleum products rose 2.5 per cent in October to reach 17.77 million tonnes as compared to 17.34 million tonnes a year back
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Drop In Leisure Driving Stalls Global Recovery In Fuel Demand
In Germany, traffic is even lower, with visits to restaurants, cafés, shopping centers, theme parks, museums, libraries and cinemas falling by 12% last week.
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