{"id":602414,"date":"2023-09-08T09:39:05","date_gmt":"2023-09-08T04:09:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=602414"},"modified":"2023-09-08T11:04:50","modified_gmt":"2023-09-08T05:34:50","slug":"august-fuel-consumption-perks-up-by-6-5-on-strong-manufacturing","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/august-fuel-consumption-perks-up-by-6-5-on-strong-manufacturing\/","title":{"rendered":"August fuel consumption perks up by 6.5% on strong manufacturing"},"content":{"rendered":"<p>(Reuters) -India&#8217;s fuel consumption in August inched up from a 10-month low, government data showed on Wednesday, as strong factory activity in the world&#8217;s third-biggest oil importer and consumer offset the usual monsoon lull. <\/p>\n<p>Total consumption in August, a proxy for oil demand, totalled 18.57 million metric tonnes, up 2.5% from 18.11 million tonnes in July. It was up 6.5% a year ago. <\/p>\n<p>&#8220;The main reason is the strong economy,&#8221; LSEG analyst Ehsan Ul-Haq said, adding that if demand is rising during the monsoon season, it could surge even higher in the festive season.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -India&#8217;s fuel consumption in August inched up from a 10-month low, government data showed on Wednesday, as strong factory activity in the world&#8217;s third-biggest oil importer and consumer offset the usual monsoon lull. Total consumption in August, a proxy for oil demand, totalled 18.57 million metric tonnes, up 2.5% from 18.11 million tonnes in July. It was up 6.5% a year ago. &#8220;The main reason is the strong economy,&#8221; LSEG analyst Ehsan Ul-Haq said, adding that if demand is rising during the monsoon season, it could surge even higher in the festive season.<\/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-602414","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\/602414","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=602414"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602414\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=602414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=602414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=602414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}