{"id":463850,"date":"2022-01-25T12:04:38","date_gmt":"2022-01-25T06:34:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463850"},"modified":"2022-01-25T12:04:38","modified_gmt":"2022-01-25T06:34:38","slug":"indias-fuel-demand-recovery-to-continue-to-stay-moderately-strong-in-q4-fitch-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-fuel-demand-recovery-to-continue-to-stay-moderately-strong-in-q4-fitch-ratings\/","title":{"rendered":"India&#8217;s fuel demand recovery to continue, to stay moderately strong in Q4: Fitch Ratings"},"content":{"rendered":"<p>NEW DELHI: India&#8217;s petroleum product demand to stay moderately strong in the fourth quarter of FY22 as easing of COVID-related curbs boosts economic activity, says Fitch Ratings. The rating agency, however, mentioned that recovery expectations remain subject to further restrictions due to the risk of a resurgence of COVID cases in India with the emergence of new variants.<\/p>\n<p>&#8220;We expect the economic recovery to support higher throughput at Indian oil marketing companies &#8211; Hindustan Petroleum Corporation Limited, Indian Oil Corporation Ltd and Bharat Petroleum Corporation Limited &#8211; and at refineries, such as, HPCL-Mittal Energy Limited,&#8221; said the rating agency. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India&#8217;s petroleum product demand to stay moderately strong in the fourth quarter of FY22 as easing of COVID-related curbs boosts economic activity, says Fitch Ratings. The rating agency, however, mentioned that recovery expectations remain subject to further restrictions due to the risk of a resurgence of COVID cases in India with the emergence of new variants. &#8220;We expect the economic recovery to support higher throughput at Indian oil marketing companies &#8211; Hindustan Petroleum Corporation Limited, Indian Oil Corporation Ltd and Bharat Petroleum Corporation Limited &#8211; and at refineries, such as, HPCL-Mittal Energy Limited,&#8221; said the rating agency.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-463850","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463850","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=463850"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463850\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}