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Petrol pumps may wait months before seeing vehicles line up again. Here's why
May 20, 2020 | By Hindustantimes.com
business
India’s fuel consumption collapsed by as much as 70% at one stage in April.Petrol demand is still about 47% below the same time last year, while diesel consumption is about 35% lower.India is world's third biggest buyer of oil but national lockdown has result…
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Its going to take months for oil demand in the worlds third biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown. Once the engine of global oil demand growth, Indias fuel consumpt
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