EIA revises down its forecast of India oil demand due to rising COVID-19 cases

EIA revises down its forecast of India oil demand due to rising COVID-19 cases
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28.05.2021

MOSCOW (MRC) -- The rapid increase in COVID-19 cases in India has led to various travel restrictions, which reduced the consumption of transportation fuels such as gasoline and diesel. As a result, EIA revised down its forecast for petroleum consumption in India in the May Short-Term Energy Outlook (STEO), according to Hydrocarbonprocessing. EIA estimates that petroleum consumption in Ind

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