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Why India's diesel demand is contracting, and what it means

Updated : December 04, 2019 12:32 PM IST

Diesel demand was also curtailed by a prolonged monsoon which brought rural demand to a near standstill this autumn.
Diesel accounts for 40 percent  of total refined fuel production in India.
The three state-owned firms are also looking into converting some diesel capacity to petrochemicals.
Why India's diesel demand is contracting, and what it means

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