India’s appetite for petroleum fuels to drop to 6-year low - News blog

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Friday, December 20, 2019

India’s appetite for petroleum fuels to drop to 6-year low

Slowing consumption growth reflects a widespread slump in demand for goods from cars to houses. India’s growth is at a 6-year low and latest data shows the country’s industrial production contracted for a third straight month in October, mainly dragged down by energy-intensive industries such as capital goods, infrastructure and construction goods.

from Oil & Gas-Energy-Industry-Economic Times https://ift.tt/2MeA0QC
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