{"id":415328,"date":"2021-05-17T10:19:54","date_gmt":"2021-05-17T04:49:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=415328"},"modified":"2021-05-17T11:02:16","modified_gmt":"2021-05-17T05:32:16","slug":"indias-oil-demand-shrinks-further-as-covid-crisis-persists","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-oil-demand-shrinks-further-as-covid-crisis-persists\/","title":{"rendered":"India\u2019s oil demand shrinks further as Covid crisis persists"},"content":{"rendered":"<p>India\u2019s oil demand worsened in the first half of May as large parts of the nation remained under local lockdowns to battle the world\u2019s worst outbreak of Covid-19. <\/p>\n<p>Sales of road transport fuels during May 1-15 dropped by a fifth from the previous month and about 28% from the same period in 2019, according to people familiar with preliminary data from the country\u2019s three biggest retailers. <\/p>\n<p>Average daily sales of gasoline &#8212; used in cars and motorcycles &#8212; fell to about 53,300 tons, the lowest in a year. Sale of diesel &#8212; the country\u2019s most-used fuel and a proxy for economic health &#8212; dropped to a seven-month low of 147,300 tons a day during May 1-15.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s oil demand worsened in the first half of May as large parts of the nation remained under local lockdowns to battle the world\u2019s worst outbreak of Covid-19. Sales of road transport fuels during May 1-15 dropped by a fifth from the previous month and about 28% from the same period in 2019, according to people familiar with preliminary data from the country\u2019s three biggest retailers. Average daily sales of gasoline &#8212; used in cars and motorcycles &#8212; fell to about 53,300 tons, the lowest in a year. Sale of diesel &#8212; the country\u2019s most-used fuel and a proxy for [&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-415328","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\/415328","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=415328"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415328\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=415328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=415328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=415328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}