Jul 24, 2020
Recovery in petro products demand falters
Recovery in petro products demand falters
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The recovery of demand for petroleum products is stagnating in July after a steep rise from March-end lows induced by the Covid-19 lockdown. The demand growth stagnation can be attributed to partial lockdowns still in place across the country.
“The demand for petroleum products has stagnated in the last couple of weeks at around 90 per cent of last year’s levels, after a smart recovery…
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