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EnergyMedium impactAfter close

India's fuel demand growth forecast cut by 40%

after close1 source ↓written by the desknot a recommendation

due to government-led
39%
since mid-May
₹5 per litre

India's fuel demand growth forecast for 2026 has been revised down by 39% due to government-led conservation measures and rising crude oil prices. Analysts predict a slowdown in transportation fuel demand as petrol and diesel prices have increased by ₹5 per litre since mid-May. These factors may significantly impact consumption trends and mobility.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 May 2026, 16:03 IST.

Sourcesnews.google.com

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