{"id":461857,"date":"2022-01-15T09:27:19","date_gmt":"2022-01-15T03:57:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=461857"},"modified":"2022-01-15T10:26:10","modified_gmt":"2022-01-15T04:56:10","slug":"oil-demand-recovery-in-india-poised-to-weather-covid-comeback","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-demand-recovery-in-india-poised-to-weather-covid-comeback\/","title":{"rendered":"Oil demand recovery in India poised to weather Covid comeback"},"content":{"rendered":"<p>Indian oil refiner Hindustan Petroleum Corp. is cautiously optimistic that the nation\u2019s recovery from the pandemic will remain largely intact, despite a recent spike in coronavirus cases.<\/p>\n<p>Infections have surged and fewer vehicles are traversing the streets of India\u2019s capital, but authorities have so far refrained from instituting a nationwide lockdown, opting for targeted restrictions such as closing bars. While people are avoiding unnecessary travel, there hasn\u2019t been a substantial impact to demand, according to Hindustan Petroleum Chairman Mukesh Kumar Surana.<\/p>\n<p>\u201cThere\u2019s no doubt January will be subdued compared to December,\u201d Surana said, predicting that the current surge in Covid-19 infections should flatten this month. \u201cI\u2019m not seeing a longish trend to this wave.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian oil refiner Hindustan Petroleum Corp. is cautiously optimistic that the nation\u2019s recovery from the pandemic will remain largely intact, despite a recent spike in coronavirus cases. Infections have surged and fewer vehicles are traversing the streets of India\u2019s capital, but authorities have so far refrained from instituting a nationwide lockdown, opting for targeted restrictions such as closing bars. While people are avoiding unnecessary travel, there hasn\u2019t been a substantial impact to demand, according to Hindustan Petroleum Chairman Mukesh Kumar Surana. \u201cThere\u2019s no doubt January will be subdued compared to December,\u201d Surana said, predicting that the current surge in Covid-19 [&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-461857","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\/461857","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=461857"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461857\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=461857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=461857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=461857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}