Petroleum products demand-supply fall during 11M FY21
Petroleum products demand-supply fall during 11M FY21
BusinessToday.In
- Mar 31, 2021,
- Updated Mar 31, 2021 10:29 AM IST

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Production of refinery products/petro products has fallen by 12.2% during 11M FY21.

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Overall consumption of all petroleum products has fallen by 11.3% in the first 11 months of FY21. On the bright side, it has recovered to 88.7% of pre-pandemic levels.

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Exports of Petroleum, Oil and Lubricant (POL) products have decreased by 15.2% during 11M FY21 compared with the 7.5% growth achieved during 11M FY20.

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Petroleum, Oil and Lubricant (POL) products imports have decreased by 1.6% during 11M FY21, compared with the 38.4% growth achieved during 11M FY20.

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All Petroleum products witnessed a downfall in consumption during April-February FY21.SHIVANI SHARMA, MOHSIN SHAIKH
