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India's demand for Petrol & Diesel declines in first half of July month

With the rising cases of COVID-19 and sharp spike in prices of Petrol & Diesel, the consumers have gone cautious over their spending on it. And it does make sense, the lockdown has reduced the travel of common people to a great extent and apart from this, the prices have touched new highs because of imposed taxes by State governments.

Looking at the current scenario, we might get to see this throughout the month as there are many major cities who have re-announced lockdown like Bengaluru and a large part of Bihar.

Source: LiveMint