NEW DELHI: Sequential fuel demand improved sharply in the first half of June, although sales were still lower than a year ago, as factories, offices and shops started reopening and more vehicles came on the road with the stage-gated easing of the lockdown.<\/p>\n
Sales are far better than in the lockdown months of April and May. The sales of petrol declined 18% annualized in the first fortnight of June, recovering from a bigger contraction of 35.4% in May and 60.4% in April, industry executives said.<\/p>\n
Demand for diesel fell 15% in the first half of June from a year earlier. The fall was 29.5% in May and 55.6% in April for diesel. The June data are of the state fuel retailers that together control about 90% of the market while the data for the months of April and May include sales by private players as well.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: Sequential fuel demand improved sharply in the first half of June, although sales were still lower than a year ago, as factories, offices and shops started reopening and more vehicles came on the road with the stage-gated easing of the lockdown. Sales are far better than in the lockdown months of April and May. The sales of petrol declined 18% annualized in the first fortnight of June, recovering from a bigger contraction of 35.4% in May and 60.4% in April, industry executives said. Demand for diesel fell 15% in the first half of June from a year earlier. […]<\/p>\n","protected":false},"author":40,"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-357896","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\/357896","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=357896"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357896\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=357896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=357896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=357896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}