Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month
India's fuel consumption slumped by close to 70 per cent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel
Coronavirus Outbreak: Petrol pump operators seek financial support as losses mount on falling fuel sales
With coronavirus eviscerating demand, petrol pump operators on Friday said per pump sales have fallen to less than one-tenth, leading to heavy losses in establishment and employee cost
A sharp fall in the value of the rupee and soaring oil prices led to record high pump prices of diesel and petrol,
Consumption of fuels, a proxy for oil demand, surged 10.7 percent to 196.48 million tonnes in 2016, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed.