Auto Industry
Reuters
Aug 29, 2021, 12:45 AM
Easing restrictions by provincial governments as coronavirus infections subside had led to an increase in auto fuel demand last month. However, heavy monsoon rains in some parts of the country caused large scale flooding in early August, reducing demand for diesel and petrol.
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Reuters | Aug 29, 2021India Starts Selling Oil From Strategic Reserves After Policy ShiftIndia, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by countries such as Japan and South Korea in its commercialisation of its Strategic Petroleum Reserves (SPRs).1 min read
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