India’s fuel demand reined in by COVID curbs in January
India’s fuel consumption fell in January after scaling a nine-month peak in December, government data showed on Wednesday, as COVID-19 curbs in several states hit mobility and industrial activity.
Fuel consumption in the world’s third biggest oil consumer, a proxy for oil demand, totalled 17.61 million tonnes, down 3.7% from December and 0.2% from a year before, data from the oil ministry’s Petroleum Planning and Analysis Cell showed.
