{"id":414488,"date":"2021-05-12T08:49:08","date_gmt":"2021-05-12T03:19:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=414488"},"modified":"2021-05-12T09:34:21","modified_gmt":"2021-05-12T04:04:21","slug":"indian-april-fuel-demand-dips-coronavirus-wave-clouds-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-april-fuel-demand-dips-coronavirus-wave-clouds-outlook\/","title":{"rendered":"Indian April fuel demand dips; coronavirus wave clouds outlook"},"content":{"rendered":"<p>(Reuters) &#8211; India&#8217;s April fuel demand slipped from the previous month as the world&#8217;s third largest oil consumer bore the brunt of raging coronavirus infections, with the prospect of further restrictions weighing on the outlook. <\/p>\n<p>Consumption of fuel, a proxy for oil demand, fell 9.4% to 17.01 million tonnes from March, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum &amp; Natural Gas showed on Tuesday. <\/p>\n<p>On a yearly basis, demand surged 81.5% from April 2020 lows, when consumption plunged to the lowest since 2006 as coronavirus restrictions during India&#8217;s first wave battered the economy. This represents the biggest year-on-year increase since data going back to about 1999.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; India&#8217;s April fuel demand slipped from the previous month as the world&#8217;s third largest oil consumer bore the brunt of raging coronavirus infections, with the prospect of further restrictions weighing on the outlook. Consumption of fuel, a proxy for oil demand, fell 9.4% to 17.01 million tonnes from March, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum &amp; Natural Gas showed on Tuesday. On a yearly basis, demand surged 81.5% from April 2020 lows, when consumption plunged to the lowest since 2006 as coronavirus restrictions during India&#8217;s first wave battered the economy. [&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":[135,130,169],"tags":[],"class_list":["post-414488","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/414488","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=414488"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/414488\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=414488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=414488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=414488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}