{"id":373683,"date":"2020-09-15T11:17:45","date_gmt":"2020-09-15T05:47:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373683"},"modified":"2020-09-15T11:54:33","modified_gmt":"2020-09-15T06:24:33","slug":"indian-oil-sees-gasoil-petrol-sales-at-pre-pandemic-levels-in-h1-of-fy21","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-sees-gasoil-petrol-sales-at-pre-pandemic-levels-in-h1-of-fy21\/","title":{"rendered":"Indian Oil sees gasoil, petrol sales at pre-pandemic levels in H1 of FY21"},"content":{"rendered":"<p>Indian Oil Corp, the country&#8217;s top refiner, expects local demand for gasoline and gasoil to reach pre-pandemic levels in the first half of next fiscal year beginning April 2021, Chairman SM Vaidya said on Monday.<\/p>\n<p>India, the world&#8217;s third-biggest oil importer and consumer, has experienced a sharp decline in its fuel demand, mirroring a global trend following the coronavirus outbreak.<\/p>\n<p>India&#8217;s fuel demand in August slipped further and saw its biggest monthly decline since April, while petroleum consumption during April-July witnessed a weak growth of nearly 22.5%. <\/p>\n<p>However, Vaidya said at the virtual Asia Pacific Petroleum Conference that a recent uptick in local sales of automobiles, including tractors, and the forthcoming festive season may lift fuel demand towards the pre-COVID-19 levels by the end of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corp, the country&#8217;s top refiner, expects local demand for gasoline and gasoil to reach pre-pandemic levels in the first half of next fiscal year beginning April 2021, Chairman SM Vaidya said on Monday. India, the world&#8217;s third-biggest oil importer and consumer, has experienced a sharp decline in its fuel demand, mirroring a global trend following the coronavirus outbreak. India&#8217;s fuel demand in August slipped further and saw its biggest monthly decline since April, while petroleum consumption during April-July witnessed a weak growth of nearly 22.5%. However, Vaidya said at the virtual Asia Pacific Petroleum Conference that a recent [&hellip;]<\/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":[139,130,187],"tags":[],"class_list":["post-373683","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373683","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=373683"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373683\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}