{"id":404597,"date":"2021-03-12T10:44:33","date_gmt":"2021-03-12T05:14:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404597"},"modified":"2021-03-12T11:39:08","modified_gmt":"2021-03-12T06:09:08","slug":"fuel-demand-falls-to-five-month-low-in-february","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fuel-demand-falls-to-five-month-low-in-february\/","title":{"rendered":"Fuel demand falls to five-month low in February"},"content":{"rendered":"<p>NEW DELHI: India\u2019s 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\u2019s 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>On a monthly basis, demand slipped by 4.6%.<\/p>\n<p>\u201cPrices have to come down or coronavirus cases should reduce before we see a real recovery, as some people are still reluctant to travel\u201d said Refinitiv analyst Ehsan Ul Haq.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India\u2019s 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\u2019s 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. On a monthly basis, demand slipped by 4.6%. \u201cPrices have to come down or coronavirus cases should reduce before we see a real [&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":[130,219,137],"tags":[],"class_list":["post-404597","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404597","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=404597"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404597\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}