8 Sep 2021

JBC in the Media - Business Recorder

India's gasoline demand is likely to hit a record this fiscal year. The expected rise in import could boost refiners' margins for the fuel in the region. "With the recovery on increasingly solid footing, we expect Indian gasoline demand through the rest of the year to maintain a growth trajectory of some 30,000 bpd versus its 2019 levels," consultancy JBC Energy said.