30 Apr 2021

JBC in the Media - Reuters

"JBC Energy has lowered its estimate for India’s annual gasoline demand by 50,000 barrels per day (bpd) due to the resumption of lockdowns.

India consumed 7.79 million tonnes (731,000 bpd) of petrol in the first three months of the year.

The surging infection numbers and renewed mobility-restricting measures have 'forced us to revise down Indian gasoline and gasoil demand' estimates for 2021, said JBC’s senior analyst Eugene Lindell."