{"id":345469,"date":"2020-04-06T10:50:44","date_gmt":"2020-04-06T05:20:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=345469"},"modified":"2020-04-06T10:50:44","modified_gmt":"2020-04-06T05:20:44","slug":"fuel-demand-crashes-in-march-april-to-be-worse","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fuel-demand-crashes-in-march-april-to-be-worse\/","title":{"rendered":"Fuel demand crashes in March; April to be worse"},"content":{"rendered":"<p>New Delhi: Domestic fuel demand crashed in March, with diesel sales contracting by a quarter, petrol shrinking 15% and jet fuel falling by almost a third as the economy froze under the nationwide lockdown, industry executives said. They warned of a worse April first-half, which overlaps with two weeks of the lockdown.<\/p>\n<p>Fuel demand fell as people stayed home, factories shut, vehicles went off the road and planes were grounded after the government imposed a three-week nationwide lockdown on March 25 to stem the spread of Covid-19. In March, demand for diesel fell 24% from a year ago, according to industry executives. The government is yet to publish fuel demand data for March. Diesel accounts for 40% of oil demand in the country and is an indicator of economic activity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Domestic fuel demand crashed in March, with diesel sales contracting by a quarter, petrol shrinking 15% and jet fuel falling by almost a third as the economy froze under the nationwide lockdown, industry executives said. They warned of a worse April first-half, which overlaps with two weeks of the lockdown. Fuel demand fell as people stayed home, factories shut, vehicles went off the road and planes were grounded after the government imposed a three-week nationwide lockdown on March 25 to stem the spread of Covid-19. In March, demand for diesel fell 24% from a year ago, according to [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-345469","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=345469"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345469\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=345469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=345469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=345469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}