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Ukraine crisis - Russian crude holds its lure

Sources say India will continue to lap up Russian Ural crude available at a discount, while continuing to buy oil from Saudi Arabia ....

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Petrol, Diesel Sales In May 2021: India's Fuel Demand Hits 9-Month Low In May 2021 Amid COVID-19 Restrictions


India s Fuel Demand Hits 9-Month Low In May 2021 Amid COVID-19 Restrictions
Petrol, Diesel Sales In May 2021: Sales of petrol, increased by 12.4 per cent from a year earlier, but fell about 17 per cent month-on-month to 1.99 million tonnes.
Updated: June 09, 2021 9:29 pm IST
State refiners daily petrol and diesel sales declined by about a fifth in May from a month earlier
The country s fuel demand slumped in May to its lowest since August last year with a second COVID-19 wave stalling mobility and muting economic activity in the world s third largest oil consumer. Oil demand fell 11.3 per cent to 15.11 million tonnes compared to the previous month and was down 1.5 per cent from a year earlier, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed on Wednesday. ....

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