{"id":558150,"date":"2023-02-24T12:11:54","date_gmt":"2023-02-24T06:41:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=558150"},"modified":"2023-02-24T12:11:54","modified_gmt":"2023-02-24T06:41:54","slug":"domestic-oil-demand-growth-to-halve-to-5-in-fy24-govt-forecast","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-oil-demand-growth-to-halve-to-5-in-fy24-govt-forecast\/","title":{"rendered":"Domestic oil demand growth to halve to 5% in FY24: Govt forecast"},"content":{"rendered":"<p>Domestic oil demand growth will slow to 5% in 2023-24 after a scorching expansion of nearly 10% in this financial year, the petroleum and natural gas ministry\u2019s Petroleum Planning and Analysis Cell (PPAC) has forecast.<\/p>\n<p>India will consume 233.8 million metric tonnes (MMT) of refined products in 2023-24 compared to the estimated consumption of 222.9 MMT in this fiscal, the PPAC has forecast on its website without offering any explanation for the estimates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic oil demand growth will slow to 5% in 2023-24 after a scorching expansion of nearly 10% in this financial year, the petroleum and natural gas ministry\u2019s Petroleum Planning and Analysis Cell (PPAC) has forecast. India will consume 233.8 million metric tonnes (MMT) of refined products in 2023-24 compared to the estimated consumption of 222.9 MMT in this fiscal, the PPAC has forecast on its website without offering any explanation for the estimates.<\/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":[130,191,136],"tags":[],"class_list":["post-558150","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558150","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=558150"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558150\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=558150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=558150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=558150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}