Fuel consumption declines in April, ATF falls over 90 per cent as airlines remain grounded

NEW DELHI: The nationwide lockdown to contain Covid-19 outbreak is seriously denting fuel demand in world’s third biggest consuming nation putting a question mark on sustenance of recent surge in global oil prices.

In April, fuel consumption fell more than 65 per cent as over a month of lockdown down curbed economic activity and restricted travel and transportation affecting sale and demand of auto fuels.

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