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Petrol, diesel sales drop in first half of March after hitting record high in February
Petrol sales decreased by 1.4 per cent to 1.22 million tonnes in the first half of March when compa…
PTI
Demand for fuel in India to rise, outpacing China
India's oil consumption is expected to rise 7-8 per cent this year
Plunging fuel demand has OMCs worried on all fronts
From the demand side, he said even though all the filling stations are open there is hardly any de…
PTI
Fuel demand gradually returning to pre-COVID levels: Govt
"Demand of industrial fuels such as sulphur, petcoke, and naphtha reached to levels of 89.3 per ce…
PTI
India's fuel demand expected to rebound to 3.8% in FY21
Diesel, the most consumed fuel in the country, is estimated to see a 2.8 per cent growth in FY21 to…
PTI
India's fuel demand reaches 80-85% of pre-COVID levels
Fuel consumption at 14.65 million tonnes in May was 47.4 per cent higher than April but 23.3 per ce…
PTI
Oil prices rally as a rise in fuel demand tames recession concerns
US gasoline demand jumped 8.5% last week from the prior week, according to data from the Energy Inf…
Phil Rosen
Goldman Sachs says jet fuel demand will accelerate in 2021, driven by availability of a COVID-19 vaccine by the second-quarter
"We do not believe that jet fuel demand has peaked and see jet as an area of long-term demand growt…
Shalini Nagarajan
Global fossil fuel demand has to crater 25% by 2030 if the world is going to meet its climate goals, IEA says
By 2050, the energy group said, fossil fuel demand would have to tumble by 80% to achieve the lates…
Phil Rosen
Airline ticket prices for this holiday season are skyrocketing
Travelers should buy their flights by Thanksgiving at the latest because airfare will continue to i…
Taylor Rains
Smog, selfies, and city living are fueling demand for cosmetics, L'Oreal boss says
L'Oréal's brands include Lancôme, Kiehl's, and Garnier. The group highlighted pollution, socializat…
Theron Mohamed
India's fuel demand drops 11 pc in March as Covid-19 hits aviation, transport sectors
"The airlines industry accounts for 6-8 per cent of total crude consumption. As more countries are…
PTI
China's EVs are fueling a big oil demand slowdown
China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …
Kelly Cloonan
Americans are demanding more fuel efficient SUVs - here's proof
"SUVs, pickups and crossovers, whose MPGs increased by over 10% between 2011 to 2016, had a 59% inc…
Matthew DeBord
IOC cuts refinery run-rate by one-fourth as fuel demand evaporates
"In the midst of a reduction in demand for major petro products, there has been an increase in dema…
PTI
Global fossil fuel demand is likely to peak this decade as the clean energy economy grows, IEA says
The clean energy sector has struggled recently, but remains "the most dynamic aspect of global ener…
Aruni Soni
AMD set to fuel growing demand for AI compute, says CTO
Marking 55 years of AMD (Advanced Micro Devices), Papermaster in a blog post looked back on fiv…