India’s oil Demand rises again in April

FXStreet — Oil demand in India rose again in April, according to the world’s fastest-growing economy, the impact of the Cash Crunch were overcome.

The fuel consumption in India rose last month by 3.3%, 16,79-million tonnes, as Bloomberg reported on Friday. The Diesel consumption increased by 2.8% and fuel consumption by 4.5%.

In January, February and March, Oil consumption in India had fallen by -5.9%, down by 3.1% and -0.7%.

** FXStreet News Editorial, FXStreet**

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