Fuel demand falls for 2nd straight month in February
NEW DELHI: High fuel prices seem to be taking a toll on fuel consumption in India with petroleum product demand falling for the second straight month in February. According to data from the Ministry of Petroleum’s Petroleum Planning and Analysis Cell (PPAC), overall petroleum product consumption fell 4.5 per cent to 17.212 million tonnes in February compared to the previous month as demand for both petrol and diesel contracted.
