{"id":546787,"date":"2023-01-10T11:21:39","date_gmt":"2023-01-10T05:51:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=546787"},"modified":"2023-01-10T11:21:39","modified_gmt":"2023-01-10T05:51:39","slug":"indias-fuel-demand-hits-nine-month-high-in-december","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-fuel-demand-hits-nine-month-high-in-december\/","title":{"rendered":"India&#8217;s fuel demand hits nine-month high in December"},"content":{"rendered":"<p>NEW DELHI: India&#8217;s fuel demand reached a nine-month high in December, helped by strong industrial activity and a rise in gasoline consumption due to an uptick in passenger vehicle sales.<\/p>\n<p>Consumption of fuel, a proxy for oil demand, was about 4% higher than the previous month, and rose 3.1% year-on-year to 19.60 million tonnes in December, data from Indian oil ministry&#8217;s Petroleum Planning and Analysis Cell (PPAC) showed on Monday.<\/p>\n<p>&#8220;Demand in India, the third largest consumer, was growing the fastest among major economies in 2022,&#8221; said UBS analyst Giovanni Staunovo, and that &#8220;solid economic growth should see Indian demand expanding also at a solid pace this year.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India&#8217;s fuel demand reached a nine-month high in December, helped by strong industrial activity and a rise in gasoline consumption due to an uptick in passenger vehicle sales. Consumption of fuel, a proxy for oil demand, was about 4% higher than the previous month, and rose 3.1% year-on-year to 19.60 million tonnes in December, data from Indian oil ministry&#8217;s Petroleum Planning and Analysis Cell (PPAC) showed on Monday. &#8220;Demand in India, the third largest consumer, was growing the fastest among major economies in 2022,&#8221; said UBS analyst Giovanni Staunovo, and that &#8220;solid economic growth should see Indian demand [&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-546787","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\/546787","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=546787"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/546787\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=546787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=546787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=546787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}