Fuel Need Declined In April, COVID-19 Wave Clouds Outlook

INSUBCONTINENT EXCLUSIVE:
battered the economy
This represents the biggest year-on-year increase since data going back to about 1999
senior market analyst at OANDA said.India is nearing 400,000 infections a day and the second surge has increased calls for a nationwide
lockdown and forced many states to impose tougher restrictions
reached pre-pandemic levels of around 18.8 million tonnes in March, the highest level since end-2019.April fuel demand hit by second
COVID-19 wavePhoto Credit: ReutersHowever, the pandemic has led the country's top state oil refiners to reduce processing runs and crude