/cloudfront-us-east-2.images.arcpublishing.com/reuters/6FHVHYRTMNKVBLNMWVX6PZ5GUY.jpg?fit=%2C&ssl=1 "Indian May fuel demand hits 9-month low as COVID-19 stalls activity")
A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS / Francis Mascarenhas / File Photo
India’s fuel demand slumped in May to its lowest since August last year with a second COVID-19 wave stalling mobility and muting economic activity in the world’s third largest oil consumer.
Oil demand fell 11.3% to 15.11 million tonnes compared to the previous month and was down 1.5% from a year earlier, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed on Wednesday.
“It’s primarily because of the lockdowns, but it’s …
