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Overall fuel consumption in April slips 46% YoY; demand likely to rebound later in May - CNBCTV18

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Commodities

Updated : May 11, 2020 10:09 AM IST

Overall fuel consumption fell by 46 percent YoY and 38 percent MoM to 9.73 lakh tonnes in April.

However, demand showed signs of pickup in the last 10-12 days after the government announced some relaxations.

Therefore, the demand is expected to see some rebound after May 17 as more areas will be reopened.

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Overall fuel consumption in April slips 46% YoY; demand likely to rebound later in May - CNBCTV18
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