{"id":404561,"date":"2021-03-12T10:09:56","date_gmt":"2021-03-12T04:39:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404561"},"modified":"2021-03-12T10:09:56","modified_gmt":"2021-03-12T04:39:56","slug":"indias-fuel-demand-in-february-falls-to-five-month-low","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-fuel-demand-in-february-falls-to-five-month-low\/","title":{"rendered":"India&#8217;s fuel demand in February falls to five-month low"},"content":{"rendered":"<p>India&#8217;s fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices continued to stonewall a demand recovery for the world&#8217;s third-biggest oil importer and consumer.<\/p>\n<p>Consumption of fuel, a proxy for oil demand, fell 4.9% to 17.2 million tonnes year-on-year in February, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum &amp; Natural Gas showed on Thursday.<\/p>\n<p>&#8220;Prices have to come down or coronavirus cases should reduce before we see a real recovery, as some people are still reluctant to travel&#8221; said Refinitiv analyst Ehsan Ul Haq.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices continued to stonewall a demand recovery for the world&#8217;s third-biggest oil importer and consumer. Consumption of fuel, a proxy for oil demand, fell 4.9% to 17.2 million tonnes year-on-year in February, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum &amp; Natural Gas showed on Thursday. &#8220;Prices have to come down or coronavirus cases should reduce before we see a real recovery, as some people are still reluctant to travel&#8221; said [&hellip;]<\/p>\n","protected":false},"author":44,"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-404561","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\/404561","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=404561"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404561\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}