India’s fuel demand rose 2.9% y/y in October

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India’s fuel consumption in October rose by 2.9% year-on-year to 20.04 million metric tons, oil ministry data showed on Wednesday, driven by strong economic activity. WHY IT IS IMPORTANT India is the third-largest consumer and importer of oil. The data is a proxy for the country’s oil demand. KEY...

https://www.hellenicshippingnews.com/indias-fuel-demand-rose-2-9-y-y-in-october/

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