COVID-19 lockdown: Auto fuel consumption less than halves; no shortage of stock, say oil majors
The demand for petrol and diesel has halved as the lockdown cross the country entered the third day on Friday.
MK Surana, Chairman and Managing Director at Hindustan Petroleum Corporation Ltd, said: “Petrol sales are down to 45 per cent while diesel sales are at 40 per cent compared to an average day. Sales may reduce further as the lockdown continues and there are lesser people on the roads.”
“Aviation Turbine Fuel (ATF) sale has completely been stopped as airlines have stopped operations. But the demand for LPG is strong as more consumers stay at home,” Surana told BusinessLine.
